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Re: DownWithPumpers post# 944

Monday, 07/21/2014 10:05:02 AM

Monday, July 21, 2014 10:05:02 AM

Post# of 2956
Hmmmm. Short term near the money calls, is a whole lot different than a " long term play" , and no I certainly don't " hope for war", but any that deny the current global conflict storm ( take your pick) must not pay attention. These events tend to move VXX. The drop Friday IMO was a good OPP to buy calls ( very short term) because the events related to the plane in Ukraine, have hardly unfolded, and clearly the markets were very nervous. As far as your saying " denying we are in a bull market", nope, no denying it here, 4th longest in history, soon to be third, or .... Is it. The over all run in the markets is / has been propagated by the Feds policies, do you deny that?! Those policies are now shifting, and that leaves earnings and overall economic performance metrics as divers. We're people extremely confident those could keep going, a plane crash in Ukraine would not rattle them.
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