Pankaj
You can make your life or you can break it - its very important to choose the right options!! Disclaimer : You should do your own homework and you are responsible for your own decisions. This blog is means for me to share my viewpoint and for my record-keeping. Remember,Market operates on FEAR, HOPE & GREED!! Lessons from 2009- "Buy early when others are still negative, and sell early when other are still positive".
Monday, January 19, 2009
S&P500 at $750 or even $600 is in the cards... It'll be time to go very short very soon!!
If my analysis serves me well(looking at $NASI etc.), we will rally this week and may be the next to touch the 50EMA on $spx one more time and at that time, I will go very short - shortest I can ever be!!! In regards to the well-known stocks, my guess is GOOG has to see $216, AAPL must see $51 and POT must see $37 for example. I wrote this post on Monday and did not publish as I wanted to add more information to my call. There is no need to add it now as the market has clearly demonstrated where it is heading now ;).
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