Use access key #2 to skip to page content.

November 2008



Re-test: check, Dead Cat Bounce: check, The Bottom: ?

November 20, 2008 – Comments (2) | RELATED TICKERS: DDM , RJA , USO

I'm tired, I've been working hard to keep folks around even.  I don't know what the bottom is.  Increasing the money supply a ton seems to be the right move.  Stagflation is a better option than depression, and I think Ben and Pauly are taking us there.  Congress needs to realize that BK in the auto industry is a bad idea due to chain reaction that would ensue.  What Congress ought to do instead of giving the car companies money though is du two things:  [more]



Dead Cat Bounce

November 13, 2008 – Comments (14) | RELATED TICKERS: SDS , USO , DDM

Well, I got the re-test call correct.  And now we are getting a dead cat bounce.  I like this saying because it implies kicking a cat.  That's funny if it's not your cat.    [more]



Let the Re-test Begin

November 04, 2008 – Comments (3) | RELATED TICKERS: DBC , RJA , SDS

Every November following a 5% down October has been a down month since WWII.  I wouldn't exepct this to be any different given the weak fundamentals in the economy.  Friday's numbers could be brutal, that could be the going into the weekend slap that leads to a big sell-off next week.  Then again, maybe not.  But between today and tomorrow, I'm writing covered calls, selling a few things and where it makes sense selling a few puts of things I'd love to own 30% lower from today's prices.  [more]

Featured Broker Partners