Saturday, April 4, 2026

January 26, 2009

Top3

1. If the Bank of America February 5 puts weren’t so expensive, I’d be buying a few thousand of them. It isn’t if this stock is going to trade on the pink sheets, it is when this stock will trade on the pink sheets.

2. 847 remains the level to watch on the S&P 500. Stronger above weaker below.

3. Existing home sales numbers came out this morning. They were better than expected based on revised downward manipulated estimates. REITs will go lower. They have no choice. Nature’s math will prevail. It always does.

Peace

The Golden Ratio

The Golden Ratio


Categories: S&P 500, real estate, reits, top3, trading

2 Comments »

  • We all know Realtors can’t be trusted.

    Comment by Richard — January 26, 2009 @ 10:11 am

  • Tempting! However the minute I buy puts, the stock is guaranteed to go up. I won’t screw it up for you.

    Comment by RT — January 26, 2009 @ 12:20 pm

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