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guitarmusic

06/25/08 3:42 PM

#27522 RE: OptionMonster #27521

That last down move defies logic...adding SPY calls again....
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samaelrocks

06/25/08 3:53 PM

#27523 RE: OptionMonster #27521

Yes it is! It dropped the PPS of a company that is absorbing government contracts like a sponge because one dude said to sell it. The whole "outlook looks bleak due to higher fuel costs...." B.S. pertains to the whole market. Not just BA!

All GM puts gone now! What a slope! May drop a bit more but the market may think (rightly so) that GM is making cost cutting strides. I'm not buying calls though so no one needs to be concerned about risking a bounce play.

I think BA will surprise me when I get back from vacation. LOL! I didn't marry her because I love her. I married her because I got stuck with her. LOL!