Tuesday, September 9, 2008

No puts for you

There is not enough interweb bandwidth available to post every chart you should be shorting right now. But somehow, this brilliant insight that I just armed you with, isn't enough to get rich.

Sheer luck notwithstanding, today's market is impossible to trade if you know anything about risk management, discipline, economics, etc.

You basically have three choices: stop trading, get stopped out frequently, or increase risk.

What I do know, is that tomorrow is not the time to buy puts. A long time ago, in a galaxy far, far away, it used to work to buy strength and sell weakness. You will find that in today's bizarro world, the opposite has been working quite well. Good Luck.

LM





OptionSpot

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