An irreverent blog by a reformed over-trader and options junkie. Written for those who love the markets but also need to have a real life. Being a Lazy Trader is the freedom to live your life outside of charts and tables but still bring home the bacon.
Thursday, November 13, 2008
Batten down the hatches... shorty reigns
The uncertainty of where the bottom will find itself makes this a short market and a put buyers dream. We have a ways to go to find the next area of support (around 7700 on the Dow). Right now I’ll just start posting short candidates.