Who’s there? Opportunity probably.
It’s something that I am constantly searching for. It’s around almost every door you peek behind. I tend to think there is one coming up with GOOG releasing earnings. The markets in the tank for sure, and people are all over the place, but yesterday was promising. The Freddie, Fannie situation is still looming large in terms of impact on the financial system as a whole, and its hard to be positive about it.
I’m almost always wrong (at least lately), but I am going to put a position out there to make some dough. Liking the 550-580 options ranges. My play will be some sort of spread there this morning. Risking a bit of money on the chance that google kills it to make some scratch on premium.
If I can’t be an optimist, I don’t want to invest. This bear stuff is causing me to go home and kick my dog and yell at random people in the streets. That’s gotta stop.
Also, on the value side, I strongly suggest you take a look at TEX. It is starting to trend upward, and a 1.2 billion dollar stock buyback should draw big money interest. I’m in around 44 a share (dollar averaged). The ride up will be fun.