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  • caffeinsomniac caffeinsomniac Oct 8, 2013 3:46 PM Flag

    How much real selling today?

    It will be interesting to see how many real sellers we had today. Volume is much lighter than it was when we were in this territory last time...

    Sentiment: Strong Buy

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    • I must admit I sold 15% of my shares (none of my options) today. However, it was only to raise cash to buy more November calls. If it works out the way I expect, going the option route instead of the shares will be 500% to 800% more of a return.

    • Not sure about anyone else here but I bought back at 54 what I sold at 57. Let's see if that works better. I suspect others did the same and waiting now for the shorts to cover in coming days. If politicians don't work quickly to avoid the looming crisis, they'll have bigger problems than you and I. God help them and their families with all the gun slinging nut cases out there, it could get real ugly.

      Sentiment: Hold