you abandon me prophet! Yes the goons will make a bounce, but the fish fry will be coming. Don't hesitate to lay your shorts back on. I ahve to say I have a much harder time using the levered shorts. I stick to the unlevered and have had better luck. Albeit, I've still been wrong!!!! hahhaahahahaha. I going insane.
When yuo have time, and if it interests you, give me your opinion on these big reits? I really think of selling some calls on them. I think they are over-priced. I'm thinking of selling the Sept 60's on the SPG. Right now I could get about 2.4 for them. So my downside risk is to $62.4 for 11 trading days. I don't think SPG go to run much more, and I don't think it can get over 65 even if the goons go bananas.
If I see SPG at 60 today or tomoorow I think to definitely sell a few. I jsut dont think them goons will keep it going for the next few weeks. I think they done for awhile. now they let it drop a little like you say to 9000, then they pump it again.
You got any other ideas you like now, long or shorty?
