1 hour ago
Sunday, March 22, 2009
It is quite frustrating to get any sense of direction in this market.Bears are frustrated by the lack of pull back and the bulls fear this rally would end.The only thing that makes sense to me is getting long Gold and Silver. At optionmonster.com they had mentioned some one buying Apil $14 SLV calls and April $13 puts basically a long stragle. I might follow suit or go long some gold and silver stocks namely:
EGO
PAAS
Ofocurse after a pull back.Right now the futures are up and please read http://seekingalpha.com/article/127152-the-geithner-plan-faq article on Geithner's Plan.This could clear up some general questions you might have.
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