JPM raises its bid for BSC to $10. Glad i bought V instead of suffering through all the manipulating going on. So, they report a bid of $2 last week. knowing the market will drop... so hey, why not buy a bunch of puts/shorts before releasing that info to the public... $$$... so now that everyone was suckered why not change the bid to $10 (knowing the market will head higher), but buy some index calls and BSC calls prior to announcement. And hey there you go again...
Also existing home-sales were better than expected. So the homebuilders can cheer. New home sales are a different story. The thing is the Street is already expecting bad numbers... So, any good news keeps homebuilders in the green. But i think theyʻre a LONG short/put.
Anyway, i am glad i got V instead. Sure its down today... but this LONG is solid. So, i have no headaches in the market (so far)
So, if i had some extra cash what would i do? buy some FXP premarket tomorrow and set a stop... or an IWM Apr66put. As itʻs hit a Fib. Oh well, iʻll sit V. No headaches.... no rushing back in...
Lastly, reminder out there... RIMM April 2, GOOG April 17, AAPL April 23... The three horsemen, i could care less about AMZN (also Apr 23). I will be listing a more comprehensive list... So, there are your main stranggle dates.
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment