yeah but you have to admit, this is one of the best posts ever...had anyone followed this advice of loading up on puts, they'd be done now, broke. It'll be interesting to see next time he's this sure of something, if he says it in such an arrogant manner. One day from the low...
Posted by: POKERSAM
In reply to: FreeMarkets who wrote msg# 7578
Date:10/11/2005 10:26:54 PM
Post #of 10479
Bear Den - I would short the Q's., SMH, SPY. MRVL, KLAC. Go to a pattern scan sight and short all rising wedges. It doesn't matter what it is. Don't even look to see what they do. The only thing that matters is that it is in a bearish pattern. If it is it will collapse.
We are going down so fast over the next two months that it will not matter. Forget trying to play any bounce. It will not be worth it and will probably hand you your head. This is no joke. I have never been more sure of anything.
This is a huge opportunity to make a LOT of money. Opportunities like this only come along once in a great while. If it was me I would load up on all of the puts I could get my hands on without running the price up. Small blocks. The leverage is awesome.
The people on this sight who are playing around with going long and looking for a reversal etc. are stone cold wrong. They will be buried. Look back over the last couple of day,s posts at those who went long and at what price. Look at how those trades are working out. Pitiful.
This is not a drill. This is not a game. This is the real deal. You better believe I am right about this or it is going to cost you a lot of money. Period.
POKERSAM
