Wednesday, March 18, 2009

Pop Goes the Weasel

Call this the Bernake Short Busting rally. First the financials are being scooped, then everything else. As I write this we are sitting at 800 SPX with money flowing into retailers, home builders, you name it. Get out a shopping list, because the bull is back. I still like straddles here as a way to play the gamma and give you a real shot at buying the dip, whenever that may be.

No comments: