I am waiting for one up day to get out. They are for August but the way this is tradin I think I am out half my money. Fold em it is. I will rebuy 80.00 when this goes below that. Cat has been down every day for the last 60 days it seems.
If you know what bernanke is going to do then you should "bet" that way. I personally cant win at craps, roulette, powerball, or 3 card monty so i dont play them. There is no more coorelation between company fundamentals and stock performance.....but someday when the fed stops and the algos cant trade with each other to notch another penny higher, those 2 concepts will align again. no worries.
And if you havent been paying attention, down is the new up.