Fas Blogs & Blog Posts
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Latest Blog Posts on fas
- Not fighting the tape, Fed and Treasury by The Option Premium Collector on Mar 25, 2009
Anyone who reads this blog knows I think the market is going to tank big time at some point. Capitulation is a descriptive term I'm especially fond of.In the short term, however, I am riding the bull. I'm not solvent enough to fight the tape, the Fed...
- Gilley's by The Option Premium Collector on Mar 24, 2009
The Fed and Treasury are drunk and riding the bull like they're at Gilley's. Short term the market likes it and some are calling a market bottom. I'm not buying it. Printing money to buy our own debt and banker's toxic assets isn't the solution.Short...
- In .FASDA @ .95 by The Option Premium Collector on Mar 12, 2009
I'm going to ride the FAS train as far as it will take me. Like I said earlier this financial rally might be a little long in the tooth but maybe not. I don't want to miss out if it is and if not I'll get stopped out for a small loss. This is Livermo...
- Stop listening to the noise... by The Option Premium Collector on Mar 11, 2009
I'm pissed at myself. I got stopped out of FAS puts first thing this morning. I should have let my long FAS run but I listened to the noise out there. I'm keeping my time spent on trader chats to a minimum and doing what I think is right.In that rega...
- Closed out FAS at 3.72, short FAS now by The Option Premium Collector on Mar 10, 2009
Closed out FAS at 3.72 for 17% gain. Bought FAS Mar 4 puts for .85 right before close with stop at .60.
