Thursday, September 21, 2006
Fly Sell: RACK
I sold short 5,000 RACK @ $28.15.
UPDATE: I sold short 5,000 RACK @ $28.25.
UPDATE: I sold short 5,000 RACK @ $28.25.
Comments:
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Broker - interested in learning why you choose to sell short, rather than use put options?
Is it because of your short-term trading perspective in these situations? E.g. Shorting for a few days/week vs. put options expiring in several weeks/months?
Thank you,
Bike
Is it because of your short-term trading perspective in these situations? E.g. Shorting for a few days/week vs. put options expiring in several weeks/months?
Thank you,
Bike
# posted by 
: 12:43 PM
: 12:43 PM
Options are manipulated by dysfunctional men, who have nothing better to do than rip people off.
I tend to stay away from the option market.
Although, I have made monster killings in the past,my experience has been better with stock.
I tend to stay away from the option market.
Although, I have made monster killings in the past,my experience has been better with stock.
I do not believe it will break out above its 50 day ma.
There is plenty of resistance in the 28-29 range.
Also, thety fucking embarrassed themselves with last quarters earnings.
Fuck Rack.
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There is plenty of resistance in the 28-29 range.
Also, thety fucking embarrassed themselves with last quarters earnings.
Fuck Rack.
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