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Does anyone know if Kaas covered his SPYs today?
I sold all call options today. Read link to find out why. The perfect storm. I went short on spyhttp://www.pippamalmgren.com/77.html
I'm skeptical of all the FUD I'm reading the past 6 weeks since the markets first corrected 20%. http://www.telegraph.co.uk/finance/financialcrisis/8812260/World-facing-worst-financial-crisis-in-history-Bank-of-England-Governor-says.htmlHard to know for sure yet if we may dodge the bullet or not, and how much of that bullet is already built into the market. Keep in mind the US Dollar and US Markets may actually become a "safe haven" if/when Europe melts down and takes Asia with it.