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Tuesday, October 27, 2009

Oversold and ready to rally?

Wow, So I have not posted for a while . Anyway this pullback has reached a level where stocks look attractive again.
It looks like we are way oversold, which means:
1. We can bounce.
2. We can rally hard.
3. We can go down less slowly .

I think its # 1 and hoping for # 2 as we near year end. Earnings have been good .
I have calls on APPL, MS, BAC etc. I would like to get some GS calls if it goes to 177 or so.
Lets see.

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I am into stocks, options, all kinda sports, Music, food, Spirituality etc.
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