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Rawnoc

02/19/09 8:24 PM

#410070 RE: BullNBear52 #410057

By early 2008 when you posted it, Countrywide and a ton of financial institutions already went under....

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=25735641

You don't day trade? Who needed to day trade? Why the HELL weren't you shorting the Bejesus out of this junk with me?????

It will never be that easy ever again IMO. Although I said that about the dot com meltdown and biotech meltdown after 2000, but still, I can't imagine another industry up huge just absolutely melting like this and being so easy to short ever again. But who knows?

I mostly played puts a few months out, way out of the money, and just sat on them, adding to my positions on spikes, closing on dips. It was amazing the free lunches just raining down.