THE NEW JAYWIZ 2023

THE NEW JAYWIZ 2023
THE NEW JAYWIZ 2023

Monday, March 31, 2008

When to buy puts

As of this writing, its noon on March 31st and the spx is at 1324, and should close at or near 1330

If that does go according to plan, then Im a buyer of puts on the openning rally on April 1st
happy Fools day
Amazing, How appropriate can you get.

Best for now
Jay

3 comments:

Anonymous said...

I am with you here...Bought put at april 1 open (RTH) I see a huge opening gap, miserable news from UBS (bad news not done yet!..what are they thinking?), start of month fund inflows, early morning rally stalled at 62% retracement of Mar 24 highs to Mar 28 lows (RTH), Sun 60 (sextile) Moon optimism which will fade into Pluto retrograde

Anonymous said...

Jay did you also buy puts this morning?

Anonymous said...

Duh. I guess I bought the put too early. I buy more tomorrow! :)