There's no safe place for your money. I had some money in a bond fund and when the fed lowered the rates overnight the bonds lost their ass. The actions of the fed cost me a bunch of money so are they going to send me a check too?
Yeah no. [Reply]
Originally Posted by lewdog:
Current strategies outside of IBIO? :-)
I've been trading in and out of SPY. Liking your SDOW Friday buy with hold over the weekend to sell on drop Monday. Seems to be a cycle.
Strategy is pretty much subjective right now. I’ve been reduced to trading options and spreads based solely upon feel and intuition, which is never where you want to be as a trader.
That said, volatility is great for trading, and we’ve never seen a market as volatile as this.
I do have one great feeling on a short or put move though. ULTA.
So fucking overvalued. It’s going sub-100 soon regardless of what the market does.
Buy a single put contract and watch it go. [Reply]