bluesdog's - for the little fellow friday, page-91

For a trader...the current action is fantastic and I am enjoying the ride both ways...the only reason I do not have long call positions is because the falling volatility counteracts the underlying so waist of time. I am in fact adding to my exisitng long put positions and gaining four fold on the price leverage between Volatility / underling and the option price.

The point I make regarding the current global mess is for the benefit of investors who will be led to believe from the posts on this thread that in fact we will rally because the world if fixed.

It is not fixed and is still deteriorating....Don't be suckered in to loose what you have left....

For long term stock positions, I would be waiting until Greece defaults, the EU banks have been liquidated and someone mentions "Blood on the steets"

In my opinion only....