Bull Run Creates Shorting Opportunity

This bull run today is all false.
Stockholm was up at one point 9.8%, this is just ridiculous.
We are at the brink of a financial meltdown.
And there is really little the governments can do other than to halt it temporarily.
We are confident our January 2010 put options are good.
This bull run now creates a great shorting opportunity.
I would look closely at the Stockholm market.
Buy put options on the index that mature in January 2009, after the US elections.
They will do everything in their power to keep things going until the elections in the US.
I will not short (buy puts) today, I will wait and see next week.
For every day, and every point this bull run lasts the safer a shorting (put) bet becomes.
At some point next week we might be there.

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One Comment

  1. Will
    Posted 20 September, 2008 at 8:14 pm | Permalink

    shorting