Secondly, I think HOG (Harley Davidson) is a no-brainer short at $22, and expect it should EASILY go down to $15 or less. I can't short stocks in my IRA account (which is where I do all my trading) but I can do options.
What option play would be the equivalent of a short play as described above?
Thanks for the url. I don't know Douglas' track record, but he indicates he's got a source for who has been buying summer, and dead of winter December calls, and it is the same banks who manipulated the market last fall as the world fell apart. There seem to be multiple conspiracy theories at work here, this time to bring silver and gold futures upward and onward.
There is no question, that there is a huge resurgance in call POSITIONS, and there is no reason to believe the big boys get it better than anyone else, unless they're manipulating again.
There is evidence to show that the manipulation is up, but everyone needs to know, we probably will get a third test of the bottom of the market, not just because three strikes and we're out of the woods, but a genuine pin in the balloon kind of revisitation to gloomy indicated by a much anticipated delay, in the much anticipated recovery touted as second quarter.
I think call buyers therefore, got it early. I think the next wave down could take us back to the 6's, and at least the Fed seems to have woken up to the fact that the stress test results may be that pin, on top of 2/3 the big three going BK, dragging the rest of the nation and all those suppliers into the toilet with them.
So the Federalistas have made a decision to withdraw the pin till the end of the week.