Wednesday, September 13, 2006

Thoughts

Oil has been in a sharp downward spiral for some time now. The market is always overshooting both ways. This is not the end of the commodities bull market/super cycle. Fundamentals are unchanged. Note that crude is up today, I view this as very bullish indeed.

An interest rate stop/decrease could be very bullish for the most hated group out there - housing. Might play this group aggressively in the near future.

Puts/Calls. I strongly believe the time has come to be more aggressive on the market, and I will change strategy from put selling to call buying going forward. As noted before flexibility/adaptation is the key to be successful.

Google is gaining new momentum and is again trading above the $400 mark. This article gets you thinking http://blogs.zdnet.com/Google/?p=324.

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