4 replies to this topic

[denleo]

SPX is down 4 out of the last 5 days. Enough for the bears to get scared and start covering. My longer-term indicators are not that bullish, but right now bears are about to do what they are best at - FAIL. I am selling a few naked puts here. Denleo

[youmast]

[SemiBizz]

Yep that's what we like to see... cocky bulls. Keep it up and don't forget to tell all your friends to BUY BUY BUY !!! And... you don't have a thing to worry about unless we see a new low by 3:15....

Edited by SemiBizz, 16 October 2007 - 02:10 PM.

[SemiBizz]

Don't worry, they are going to BUY THE MYSTERY... IBM, INTC report after close. But if they don't rally ahead of the bell, I'd start worrying that they may be setting up to SELL THE HISTORY. Disclosure: I am long a badly fleabitten chip stock.(MRVL)

Edited by SemiBizz, 16 October 2007 - 02:20 PM.

[youmast]

I am selling a few naked puts here.

That's what usually smart guys, who speak proper Russian, do...