Thursday, October 2, 2008

Senate Approval

With that done it goes to the house that already said no Monday. This time though there is more pork added to make it attractive. Last I read, it has 112 billion of pork added to it and a simple 3 page proposal has turned into a Novel size now. Just ridiculous.

Did not get filled yesterday on the Nov puts early on as the market went south in the beginning. Canceled the trade. Looking for this political voting to end then place the trade again.

In my humble opinion, October should be a very bad month for stocks. A very good probability trade for the short side.

No comments: