Daily Archives: August 4, 2011

Taking advantage of this capitulation: I added more to my LVS and SLW holdings.

Covered call of LVS, option strike 47, exp. Aug 12.  Cost: $44.5 SLW: Cost $34.  Call strike: 36, exp: Aug 12th. Expecting a rebound from such dramatic downfall.

Posted in Today's Trade | 1 Comment

The current markets are a gold opportunity.

To most average investors, the current markets may be scary.  One word comes to my mind that many investment authors may use to describe the current market condition: “capitulation”.  Capitulation basically described the knee jerk reaction that most average investors … Continue reading

Posted in Educational, Market Condition | Leave a comment