Monday, August 10, 2009

amazing

The SPUZ got down 8 bucks or so and that was it - the buyers and their "sureness" about future strength have reappeared. GS, AAPL, REITS all lower today yet the SPUZ are loved, anointed - its sickening. I would imagine there will be lots of overnight deals tonight - secondary offerings that is.
I have a put spread on in GS and Im thinking about butterflying it off - probably to soon but can GS continue to drop 2% a day with the S&P as firm as it is?
DTV is starting to peek my interest - if that stock gets below 23 or so I will look to do some buywrites - they are massive buyers of there own stock.

Good luck into the close

JB

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