Monday, September 29, 2008

Deal or NO deal ??

Sounds like a TV game show- Ok Howie, we get it- (G)

Central banks supply xtra $$- send some My way - oh, yeh the puts I bot last week just gave XTRA $$$

What should we expect now?

This downdraft should help scare the HOUSE members so they dont want to be viewed as causing a crash

11:30 and holding steady down 300 pts.

84.5 hrs can stretch into 89 hours which = 3:30 pm today

Expecting a rebound tomorrow and Wed Am.

I will be maxed out in puts on Friday Oct3rd.

the next cycle hit is on the 7th at @1-2pm

Jay
Jay
at

3 comments:

  1. Anonymous1:57 PM

    Hi Jay,
    Is the rebound still possible without the vote?

    Thanks.

    ReplyDelete
  2. Anonymous3:15 PM

    Yea, would like to know your thinking on any bounce.

    Need to go LONG (on those PUTs).

    BTW, today may not be the case of - 'Markets make the news, not reverse.'

    News certainly cratered the market today. And Helicopter Ben dropped those $650 BILLION from his low-flying helicopters today to support the markets.

    ReplyDelete
  3. Anonymous3:35 PM

    Jay,
    Need some more comments on what to expect for tomorrow. Dow now down 678 at 2:35

    ReplyDelete