Wednesday, June 14, 2006
wallstreet taking advantage of foolish bulls
just before options,, they are gonna have to see what the close in the options are,, and then spread the word on who did or didnt take delivery of those in the money... ie: we already know some longs in BAC had their covered calls expire in the money last month, WHILE BAC WAS DOING A SHARE BUYBACK, and the stocks were NOT called,,, you see the decay recently in BAC- cramer pushes banks heavy.
any way this is more about 'who takes the bait' and who dont. can be boring,, but 'safe haven' sectors are starting to unravel,, XLP is the indicator.,, this will impact the boring stocks,, pg+jnj+k+gis etc........
any way this is more about 'who takes the bait' and who dont. can be boring,, but 'safe haven' sectors are starting to unravel,, XLP is the indicator.,, this will impact the boring stocks,, pg+jnj+k+gis etc........