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short market now and consider buying it on Monday

It seems that we might.

Yes lets dream. It may not be possible but it is probable.

US market closes positive today?

Buy companies which make candles:D

Vega is a killer in out of the money options. I have sold options for 5 cents on Thursday before option expiry day and on Friday, the option was worth $1.4 !!!. I don't do it anymore on stocks. If I want to do it, I do it on ETFs. But it is playing with fire specially for small accounts.

I knew that. Somehow I am more biased into selling naked options. If I know a stock will go up a little, I sell PUT and if I know that a stock will pull back, I sell call and in range bound stocks, I sell both PUT and call. rarely I do risk reversal. I have a receiving hand and rarely I give. I...

can you sell an option and your theta be negative? !!

My post had almost no response till the close and then all of a sudden, Mr. after the facts enlightened us with their wisdom. :D Just kidding. Have a great weekend. Remember if market drops on Monday, I will come back with my mockery statements. :p I correct my predictions. "I believe DOW...

It is 11:45 ET time now and market is in deep green but who wants to stay long in this uncertain weekend? Many things can happen during weekend. It is better to be sitting on cash than gamble. I believe market will erase the gains and close slightly in red.

No matter how well AAPL will do after Jobs, I believe AAPL with the same profit but without Jobs will be priced $100 lower by the market. AAPL without Jobs is like another Intel or CSCO or HP. Faceless.

I was right quicker than I thought. Just in a day.It hit $100.

It just started. Don't fall into buy the dip trap. AAPL, HPQ, ADI, TXN, ALTR, XLNX, CSCO,.......

Market will dip another 0.5% from what it is at 12 ET. Better to sell. It has been up for 6 months. 1% drop does not justify buying. I believe it will go down more after those "buy dip" guys get burnt.

Market will go down more toward the close once the hope for the market to recover dies. Now the time is 11:20 ET.

oil will hit $100 this week. Ghadafi won't step down so there there is more push needed to take this SOB down.

Oil is up almost 10%. There is unrest in almost 10 countries. 10% more increase on gas prices will put a good dent on shaky GDP. Big companies also will not be able to function in coutries like Libya. Good reasons for a substantial correction

exactly. Today is a good day to short stocks that are weak and are going down.

Exactly. I see the inflation in gas, groceries, tax,... are you kidding me? Even Burger King's whopper 1 mea1 is up 20% in the last 2 years.:mad:

Oh boy this nonsense rally will end up ugly. Fox will come when all chickens are in the cage.