You make more money buying when others are full of fear.
Made a ton of money in 2008 on MS preferred and PHK
I figured that if we were going into the Abyss... I wouldn't
have any money anyway.
Posted by marketguy on 4th of Nov 2011 at 02:27 pm
pls
you actually got me thinking about how companies finally go bye,
bye....couldn't find Lehman or Bear Stearns so used AIG....check
out the similarities of the movements...if it continues to play out
JEF should be a goner at some point....
SOLD some covered calls on JEF in my IRA
Posted by zach06 on 4th of Nov 2011 at 02:05 pm
These guys want to pay 12 percent for 2 weeks.... I will take it.
it's not risk free dude....
Posted by quantum on 4th of Nov 2011 at 02:07 pm
it's not risk free dude....
that's why its in my IRA
Posted by zach06 on 4th of Nov 2011 at 02:08 pm
THey pay a nice dividend and they aren't going out of business....
Never say never..., We'll most
Posted by quantum on 4th of Nov 2011 at 02:16 pm
Never say never..., We'll most likely see more bankrupt companies in U.S. and EU; Big or small.
one thing I agree on with Warren Buffet
Posted by zach06 on 4th of Nov 2011 at 02:28 pm
You make more money buying when others are full of fear. Made a ton of money in 2008 on MS preferred and PHK I figured that if we were going into the Abyss... I wouldn't have any money anyway.
do you want me to buy the 10.00 put so you feel safe? lol
Posted by zach06 on 4th of Nov 2011 at 02:19 pm
pls you actually got me thinking
Posted by marketguy on 4th of Nov 2011 at 02:27 pm
pls
you actually got me thinking about how companies finally go bye, bye....couldn't find Lehman or Bear Stearns so used AIG....check out the similarities of the movements...if it continues to play out JEF should be a goner at some point....
you sure about that bud?
Posted by marketguy on 4th of Nov 2011 at 02:14 pm
you sure about that bud? you still use a stop right?