Fell like a stone again....
From a few days ago on here......
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Here we go....
TOL might be worth some money tomorrow. Market going to get raped. GS, BAC, MS, GM.
New lows did break as I said yesterday, and there's nothing in the way to stop it for a while.
Too bad im out. Best of luck to the longs and buffett. They're going to need it.
Posted by Dan at 5:09 PM 0 comments
Tuesday, November 18, 2008
Still holding TOL puts from .30 (15 strike)
Market's going to break to new lows IMO. Unless of course something changes....which I doubt it will.
Like these puts but it's too bad they're OTM. Might just take the hit and gamble into expiration.
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Enough said there....
Yeah out @ .35 on a limit. No confidence in OTM options going into expiration. Wrong move, but ah well. Preserve capital and take another swing at it later.
Still holding DRYS and USO. No stops planned yet. Order to buy VOXX tomorrow. Bottom should set up soon for a scalp. Then probably going lower again.
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