Irrationally mad decision making to obtain the American Dream.

made 100% on QQQQ trade Friday-Monday fall.

Stocks look gloomy right now. Good time to play put options. “In May go away” as the traders say or just buy put options during the summer when the majority of stocks fall. Earnings have been pretty good and companies are suppose to be extremely “cheap”. Well if “cheap” then they’ll likely fall further down in my experience trading the last 9 years.

I think AAPL @ $264 will fall more but historically around August it will zoom past $300 into December 10′. The iPhone 4 is hot and hot drives a stock not to also mention the iPad is starting to kickass. Kicking Amazon’s ass that is.

This trade worked out well, but I’m actually earning more from this business anyone can join http://www.CarDataBiz.com hook up with me if you are interested. My business is booming.

-p

Advertisements

2 responses

  1. moom

    I’m not clear. Do you run Cardatabiz or are a rep for it?

    July 2, 2010 at 2:27 am

    • I own the domain. I’m an individual rep for the company CSI which pays the checks. You buying insurance on your portfolio this time of year Moom?

      July 2, 2010 at 2:41 am

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s