Hey Olivia thanks for the post. I just bought 7000 shares of faz but also bought puts to cover my position. I think the herd is going to be very dissapointed soon, for me this market is overbought and unsustainable at this levels. What do you think?
I think Geithner(PPT intervention rally on no volume) has created a bubble with the eventual victim going to be joe 6pack that continues to pour money into his 201k (formely known as 401k) and the money manager watching this chasing the tail of a bear market rally.