25 August 2007

I Surrender...

to the bulls...you've figured it all out...new highs...no doubt...I bow to your uncanny sense that everything will be alright...global explosion...China at new highs!!!
Those silly subprime lenders...those Alt-A boys...why did we even invite them th the party...what a nuisance.
I bought some QQQQ calls late this afternoon...too many I think...on about a third ratio (cash wise) against my obviously pesky and obliterated short futures position.... that is about 30 points to the red...I just don't believe this bullshit...should I be selling puts?
jfg.

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