Thursday, May 8, 2008

After a huge decline yesterday

Indexes will be up before the bell loosing steam fairly quickly. Financials will weigh  the market down after a fairly modest start . Automakers will also weigh after Toyota reporting. And technology will follow. 
Bears will win the day inflation giving them the upper hand.
Personally I am holding on my hedged put 25 on C unless something major happens, which I doubt.
My naked put 19 on Dell will have to wait a few more days.
 

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