MS strangle; FSYS puts; thats about it for me

good luck!

good luck!

I think this is one of the greatyest selling/shorting opportunities of all times. So much garbage bouncing. Look at TLB for example.

Chance for institutions to unload ahead of the recession. They'll take every bit of advantage of it.

thanks OGM. btw ...i did sell my MSFT puts yesterday for +100%!! Will probably short again. Also made over 300% on my MS strangle long side and i can wait till OCT for my short side. What a market!!

thanks OGM. btw ...i did sell my MSFT puts yesterday for +100%!! Will probably short again. Also made over 300% on my MS strangle long side and i can wait till OCT for my short side. What a market!!

I only sold half. But I 'm thinking of buying them back again. MSFT is weak. As a matter of fact most techs are dumping from the open. But looks like I'll have to bite the loss on ORCL.

Take a look at retailers also CELG and GILD. I think to a big surprize of this market many stocks will close red.

Congratulations on profits

Edited by ogm, 19 September 2008 - 09:03 AM.

thanks OGM. btw ...i did sell my MSFT puts yesterday for +100%!! Will probably short again. Also made over 300% on my MS strangle long side and i can wait till OCT for my short side. What a market!!

I only sold half. But I 'm thinking of buying them back again. MSFT is weak. As a matter of fact most techs are dumping from the open. But looks like I'll have to bite the loss on ORCL.

Take a look at retailers also CELG and GILD. I think to a big surprize of this market many stocks will close red.

Congratulations on profits

Same to you...you must have made fortune. I think the longs your looking at will explode once the nonsense dies (if it ever does). I agree this market is very exploitable - the more the Fed tinkers - the better almost! Thanks once again for the retails.