From the surface, the market looks like it is still closed.

I am moderately amused by some gains in SLB, VMI, DE, SCHN, MON, CLB, POT, WHQ and WFMI. I am annoyed with a couple positions such as ZNH, SYNA and the lost gains in WYNN from yesterday.

And that's all she wrote.

Honestly, aside from that.... I am drawing a blank today.

I'm going out to get some lunch.


Recommendation: This video details what will happen to the market next week.

Watch it again.

Long: The Dude

Short: The Market

Disclaimer: I'll be back if you can think of something for me to talk about.

Posted by Option Addict at 9:42 AM | Permalink | Comments

Recommendation: I hope you swing for the fences on the next trade as well.

Long: The firm minimum.

Short: The loving memory of being a broker. I mean, salesman.

Disclaimer: I've been tagged as a Salesman for my "Fever" in HANS. Hence the video.

Posted by Option Addict at 2:38 PM | Permalink | Comments

I am dealing with a lot of insignificant movement in my trades today. Plenty of positions are trying to appease by throwing amateur gains at me. Please find out why RIMM, DW, ROP, APD, FLIR, UIC, CELG, FCX, SLB and a few others, don't want to move anymore.

It could be worse. I could be seeing a lot more pullbacks, such as ADSK, CNQR, WFMI, and DVA are slapping me with today. Good thing I am only losing profits here.

I hate days like this. When I lose the equivalent of "Belle Isle" in time value. Nothing I can do but take it like a man, and sit here and watch my trades melt.

By the way, I am not fighting the trend in LVS or WYNN either. Just in case you were wondering.

What has me really happy though, was that someone noticed some big news about one of our benefactors of free online advertising. In all seriousness, click here to check out the recent news about my long term investment idea in Hansens (HANS). Nothing like an analyst who wants a little boost in his stake to come out and throw down an upgrade. I wasn't kidding when I told you this new drink would be the Game Changer. For newer readers, click here to go back in time and look into my crystal ball.

Since earnings season is upon us, the straddle/strangle idea surfaced... and I decided to look at the chart of my bread & butter strangle play... MSTR. This strategy has worked 8 of the last 8 times I have traded it. The strategy is 3 weeks early, 1 strike out. I hesitated though when I saw the chart...

The stock obviously was crushed after the last earnings announcement, and looks to be confirming a bottom here. Volatility is quite a bit higher this time.

Before I forget, I still love China.

Here are a few other thoughts I have taken out of this mornings session thus far...

STRA- Watching for a re-testDWSN- Glad I bought the dip yesterday
DE- Ditto.
CMI- Yes Please!
ARW- Wants to break out sooooo bad!

Posted by Option Addict at 10:03 AM | Permalink | Comments

This video speaks to me in so many ways today.

Primarily it reflects what is happening to profits this morning in stocks like BIDU, EXM, GRMN, UIC, and a few others. These positions were so full of profits, they needed to let loose some juice.

Not to worry though. If you caught yesterdays watchlist, you are so thankful for APD, WFMI, DW, ROP, and DVA that I provided yesterday as breakouts, and for their continued movements today. I love how a couple good winners pay for a lot of little losses or lost profits, I should say.

I am watching my position in RIMM, and loving how the stock price just happens to go up $2 a day for the last few weeks. Should I hold it over earnings?

Yesterday's re-tests in FLIR/ADSK have worked fairly well this morning. I am adding a few contracts here on FLIR and using roughly $55 as my new line in the sand.

Don't fight the dips on DWSN, ZNH, and DE, either. I have been forced to add to these as well.

Finally, here are my favorite entries of the day.

SLB- Lovely Dip

VMI- Ditto.

CNH- Boom!

Thought of the day: "I wonder what I should do with MON. It won't stop going up."

Recommendation: Find Alpha

Long: The obvious

Short: The oblivious

Disclaimer: If you trade any of these stocks, you might lose money.

Posted by Option Addict at 10:12 AM | Permalink | Comments

The market isn't doing much. My watchlist is published, and fund managers around the world are leaving messages, sending e-mails and re-balancing their funds accordingly. I'm not really hungry, I have no exits to take, or positions to enter...so I guess I will blog.

About what, you ask?

Halo 3 comes out today. Have you ever played Halo? I played the first one, once. I dominated my opponent to the point that I was never invited over again, or talked to for that matter.

From the beat on the street, and the price point, it looks as if this game will single handedly push the "Softie" up to it's prior highs. You know I am struggling when I start blogging about stocks like Microsoft.

I could talk about the season premier of the Bachelor last night?

My old lady tells me that the claim about this guy being "the hottest bachelor yet" is true. After making her sleep outside, I figured I should have an underlying interest in this show so I can monitor her intake. Since I am emotionally involved, I have confided in DeAnna, Mallory, Jenni and Solisa as my Final Four.

Since I am bored, I am also toying with the idea of setting up Option Addict "Fantasy Trading." We could do this one of two ways...


One: We all compete against each other, and I dominate.


Two: Just like fantasy football, you select your teams based on trader stats, and create your own "trader franchise."


If we decide to go this route, you will want to select the bigger stronger players for your team.

Leave players like Winston, for me. They are easier to teach.

Recommendation: We'll need statements & confirms to determine stats :)

Long: Patches O'Houlihan

Short: Winston

Disclaimer: C'mon, I wouldn't dominate.... I wouldn't play.
(Just Having fun, have a good one!)

Posted by Option Addict at 10:41 AM | Permalink | Comments

Click To Play

Posted by Option Addict at 8:52 AM | Permalink | Comments

First off, to the BAMM user group...my hat's off to you. You sure know how to make a guy feel welcome. I hope the presentation was up to par with your expectations. Thanks again for the opportunity.


The trip was awesome. I miss everything from the weather to the traffic. Plus, my presence helped to create a Raider victory. I couldn't be happier.


As I have returned to greatness in the market, I am enjoying the correlation between the NASDAQ & NYSE dollar gainers, and the positions I am holding. SCHN, DRYS, BCSI, GRMN, WYNN, BIDU, LVS, FXI, etc. You have to be able to pick winners in order to let them run.


I'm spending the rest of the day deleting e-mails and picking future winners.


Recommendation: I suggest that you pick some winners too.

Long: Winners

Short: E-mails

Disclaimer: I am a Raiders fan, in case you already didn't know.


I need the Stones to get things Rolling today. No pun intended.

Posted by Option Addict at 10:36 AM | Permalink | Comments

I couldn't leave without a couple good set-ups to share...

Long: SNDA
Short: AZO...again.

Posted by Option Addict at 9:41 AM | Permalink | Comments

I advertise this every so often, but if you want to show some support please click here to create a profile.

Once you have created a screen name and an account, please join the addict community. Click here to get to my page.

This goes for existing members also...please add a photo! If you don't want to put a pic of yourself, post something creative, funny or random in it's place. If you need help doing this you can e-mail me and I will give you some personal help.

Whether or not you decide to contribute is up to you, I would just like to get more readers registered. Consider it a personal favor.

Recommendation: Take the plunge.

Long: Official members

Short: Official offers

Disclaimer: This is your big opportunity! Don't delay!

Posted by Option Addict at 2:04 PM | Permalink | Comments

Carrying the nickname of the Option Addict means that by law I am required to talk about options at least once in a while. You’ll see my archives are full of good stuff like this, but today I am going to go back and talk about some key points to consider when evaluating option prices.

Always remember that shopping for options is like shopping for anything else; you get what you pay for. Cheaper options are of lesser quality and expensive options are of better quality. I will define quality as…

Increased sensitivity to price movements

Decreased sensitivity to time decay

Decreased sensitivity to implied volatility

As a buyer of an option, this is what you are looking for. Since time decay and volatility are typically more of an enemy than a friend, you want to defeat their ill intent. This is why in the money options are so valuable. You get to leverage the stock at a fraction of the cost, while not having to put up with the problems that time decay and implied volatility present.

The downside?

They are so damn expensive! And if the stock moves against you, delta isn’t all that appealing on the flipside.

“So Jeff, if what you are saying is truth, which we know you speak, why do you always trade out-the-money options?”

Let me give you the considerations of selecting an option first.

#1- Expected price movement.

#2- Expected time frame

#3- Expected change in volatility

#4- Expected probability of success

#5- Expected risk

#6- Source of trade recommendation

Expected Price Movement

The first and most important consideration is what you are expecting the stock price to do. If you are staring down the barrel of a breakout, big shift in momentum or just a big price swing in general, you can afford to take on more risk. The reason I trade a lot of out-the-money options is because I try to put myself in front of big price moves. Despite the out-the-money option being of lesser quality and lower probability, I see tremendous returns in exchange for an insignificant cost. Even though these trades start off with an insignificant sensitivity to price movement, a heavier gamma gives me comfort in the fact that if I am right in my price prediction, my sensitivity will increase dramatically.

Expected Time Frame

The quicker my stock moves, the lesser time decay becomes a factor. I always encourage traders to buy adequate time, and even when in doubt, to go further out! For those that buy short dated options, you are in a race against time. This means you stock needs to move in larger amounts to offset this loss in time value. To enhance this part of your selection process, only buy short dated options on stocks that make quick moves. And always default to buying more time than you need. However, don’t buy TOO MUCH TIME! I loathe long dated options.

Expected Change in Volatility

I hammer on this in most of my option courses and classes since volatility is a major player in the selection process. I have several posts that expand on this in greater detail. Click here to get started.

Expected Probability of Success

Look at delta as a measurement of probability. This means that an out-the-money option will have the smallest chance of success, while an in-the-money option carries the greatest chance of success. As always, a higher probability comes with a lower reward while a lower probability of success comes with a higher reward.

Expected Risk

Always pay close attention to what is really at stake in the trade. This can be determined in several ways. I like to consider the drop I am willing to take in the stock price, and translate that into the general impact in the option premium. If you use stops, consider the difference between the purchase price of the contract and where your stop is set. Or if you are a gunslinger, consider the full option premium.

Source of the Recommendation

It is easy to select an option when it comes from a credible source.

This will probably open up a a big can of worms, so I will try to be as responsive as possible to incoming questions. For those that struggle with selecting options, hopefully this can act as a checklist when making your choice.

Recommendation: If you are like me, you hate reading long posts.

Long: Short posts

Short: Long posts

Disclaimer: I love options

Posted by Option Addict at 10:47 AM | Permalink | Comments

Recommendation: I needed some "Mood Music" before I release today's thoughts.

Long: Shaquille O'Neal...the basketball player or deputy sheriff.

Short: Shaquille O'Neal...the rapper.

Disclaimer: I get kickbacks for posting this video. BOOM-SHAQ-A-LAQ-A-LAQA!!!

Posted by Option Addict at 10:16 AM | Permalink | Comments

You've all had days like this, so I won't bother apologizing up front.

Question: Jeff, why are you angry?

Where to begin?

The market rallies, as it was foretold, and I am "half mast" in most of my unbelievable positions. Out of everything wrong with the world today, this has me pissed off the most.

I ate Oatmeal for breakfast.

I have been slapped in the mouth with truckloads of e-mails asking about where the market is going.. What my thoughts are about a recession? Am I bullish or bearish? Do I trade stock splits? What significance is 50 basis points compared to 25? Is that a triangle? Do you like the MACD? Or is it a head & shoulders? Do you use the Sto? Are you worried about inflation? What is your favorite song? Ok, is it a channel? What is a lake play?

Get the point? Or shall I continue?

"I know what you are thinking...and yes, you are right. "

(I would quote Brian Fantana from Anchorman, but it is inappropriate)

I am just venting from a rough day, my bad.

However, here is my thought for the day... Does it matter?

If you knew the fate of the market or economy for that matter, what would you do differently today? What if the economy heads towards a recession next year...does it matter? What if the market finishes the year higher...does it matter? Even if you know the specific closing price of the S&P 500 on Dec 31st, 2007...does it matter?

Bear with me, I am thinking out loud... but honestly I don't think I would do anything different. I still trade in a market of stocks, not a stock market. I pick winners and cut losers. That will never change.

I hope to get everyone to the point in their career where the "market" becomes less of a factor in their overall account.

By the way, lots of stocks that broke out yesterday offer great entries today. So, bon appétit!

Recommendation: You can't hold this post against me since I used my alter ego to write it.

Long: Jeff

Short: Angry Trader

Disclaimer: If you didn't notice, my mood is at a 2 on a scale of 1 - 1,000,000. Mostly because "I hurt myself today."

Posted by Option Addict at 1:22 PM | Permalink | Comments

Click To Play

Recommendation: You thought I was joking about HANS, huh?

Long: HANS

Short: Where was the plug for JAVA?

Disclaimer: I am considering taking my HANS profits and rolling them into a new vending machine for my garage and/or basement.

Posted by Option Addict at 10:20 AM | Permalink | Comments

I just found footage of what I did to the market today!

Recommendation: I hope you did the same thing to the parties on the other side of your trades.

Long: Profits

Short: Losses

Disclaimer: I am the dude in the Orange Afro (I had to protect my identity).

Posted by Option Addict at 1:28 PM | Permalink | Comments

Unbelieveable.

Getting prepared to sell this rally (mentally...down the road). Below is the text of the statement. Enjoy.

WASHINGTON (MarketWatch) - Here is the text of the statement released by the Federal Open Market Committee Tuesday.

The Federal Open Market Committee decided today to lower its target for the federal funds rate 50 basis points to 4-3/4 percent.

Economic growth was moderate during the first half of the year, but the tightening of credit conditions has the potential to intensify the housing correction and to restrain economic growth more generally. Today's action is intended to help forestall some of the adverse effects on the broader economy that might otherwise arise from the disruptions in financial markets and to promote moderate growth over time.

Readings on core inflation have improved modestly this year. However, the Committee judges that some inflation risks remain, and it will continue to monitor inflation developments carefully.

Developments in financial markets since the Committee's last regular meeting have increased the uncertainty surrounding the economic outlook. The Committee will continue to assess the effects of these and other developments on economic prospects and will act as needed to foster price stability and sustainable economic growth.

Voting for the FOMC monetary policy action were: Ben S. Bernanke, Chairman; Timothy F. Geithner, Vice Chairman; Charles L. Evans; Thomas M. Hoenig; Donald L. Kohn; Randall S. Kroszner; Frederic S. Mishkin; William Poole; Eric Rosengren; and Kevin M. Warsh.

In a related action, the Board of Governors unanimously approved a 50-basis-point decrease in the discount rate to 5-1/4 percent. In taking this action, the Board approved the requests submitted by the Boards of Directors of the Federal Reserve Banks of Boston, New York, Cleveland, St. Louis, Minneapolis, Kansas City, and San Francisco.

Posted by Option Addict at 12:17 PM | Permalink | Comments

Posted by Option Addict at 11:59 AM | Permalink | Comments

Click To Play

Recommendation: Videos make my oatmeal taste better.

Long: The Watchlist

Short: The "Event"

Disclaimer: "Plan the trade, trade the plan."

Posted by Option Addict at 8:17 AM | Permalink | Comments

Posted by Option Addict at 12:48 PM | Permalink | Comments

Recommendation: I needed a new thread, and AC/DC is the only way to start off a day... Yeah, I know...Off topic! Trading related detail is coming shortly.

Long: AC/DC, in size.

Short: Anticipating tomorrow

Disclaimer: I think the lead singer is a CEO look alike.

Posted by Option Addict at 10:13 AM | Permalink | Comments

Congrats to Loretta who won the first ever "Friday Trivia" competition here on Option Addict. The question was to name the controversial trade idea I presented in my first ever Mastertalk presentation back in the spring of 2006. The answer was Boeing (BA).

The trade was controversial since aggressive option trading/momentum trading was unheard of in these spotlight presentations. I chose a one month out, out-the-money put on a conservative stock like BA trading at it's highs. It yielded over a 250% return in a week. This was one of the "big trades" that put my name on the map.

It was also a controversial trade since at the time a well known figure was adamant on buying Leaps on this stock. Literally at the same time. Names withheld to salvage the pride of others.

Loretta, you are the lucky winner of a new DVD set. This set was offered to me as an extra to hand out to a deserving individual. Send me your mailing address and they are on their way. I can't reference the name/title/type of DVD's for fear that some assbag will jump my case about it.

Thanks for the fun and games, and for the close of a great week. Have a great weekend everyone.

Recommendation: I need some photos. I missed the opportunity to thank the individual that offered to "be my billboard" and sport my gear. I say we start another competition "Show Me Your Stuff" competition. Gimme a photo of you in your gear. Best photo wins another top notch prize.

Long: Photos, competitions and prizes

Short: E-mails.

Disclaimer: I have plenty of top notch prizes.

How about a little Nugent to send us into a weekend?

Posted by Option Addict at 4:56 PM | Permalink | Comments

Prepare yourself, I am going to chime in about all the recent comments.

First I want to start with the role I play in distribution of off topic content. I must admit, I get depressed at the response I get from my daily production here. I have put the masses in front of tons of profitable and wildly profitable trades. I record videos, I share opinions, I take a lot of time out of my day to add this value to the world in their pursuit of achieving greatness...

And often it seems over looked.

I appreciate the recent recognition by a few to say "thanks" for my efforts. I am in a zone right now with all the trades I have presented, and of all the tickers I see in the comments, none are consistent with what I put out there. Uhhh....Ok.

I'll quote Joseph Marshall Wade...

"If I wanted to become a tramp, I would seek information and advice from the most successful tramp I could find. If I wanted to become a failure, I would seek advice from men who had never succeeded. If I wanted to succeed in all things, I would look around me for those who are succeeding and do as they have done. "

After a great post I get excited to check the comments to see what people think, only to find that my efforts acted as a service to move conversation & banter to another location. I am not complaining, but I agree that this site has become somewhat of a chat room. Don't get me wrong, I love the idea of community. Duh! That is why I created this mess and encouraged comments!

But let's not lose sight of the task at hand.

I like the idea of trying to stay a little more trader focused. But only if that means we all elevate our game to this level. I'm guilty of talking about reality tv, sports, music, energy drinks, my sex life, etc. I only do this a small amount of the time in relation to what I offer related to trading. Let's all try to shoot for that same goal.

In closing, if we are going to get back on track, let's try to elevate our standards as traders. If you are going to contribute, make sure that you are profitable and experienced in your ideas and methods. The person on the other side of your comments appreciates it.

Also, as always, please do not attack the ideas of others or ever make things personal here. Respect opinions, and if people are behind the curve, recommend where to go (ARCHIVES) to play catch up. Consider this a club, and we are all for one, one for all. One Nation, under Jeff. :)

And Remember..."I love you....You love me..."

Recommendation: Can't we all just get along?

Long: Happiness

Short: Weakness

Disclaimer: I will up my standards, so up yours!

Posted by Option Addict at 11:49 AM | Permalink | Comments

Click To Play

Recommendation: Make sure you are watching this while under the influence of Monster JAVA. Preferrably Mean Bean.

Long: GRMN

Short: GRMN

Disclaimer: Long/Short only because this ticker is a tired subject. Too bad we didn't have more controversy when I gave the initial reco at $64. Nobody would care what it is doing today. By the way, you'll notice that the CEO couldn't make it. However, he sends his regards and recommends you double down on your position.

Posted by Option Addict at 10:23 AM | Permalink | Comments

Big move in the Dow today, however a weak response out of Tech, Small Cap, Mid Cap and broader market stocks. Looks like Mc D's is lifting the market. I'm Lovin' it.

Take a look... underneath it all, it isn't that great of a day.

I am going to release a video a little bit later in relation to entry and exits, and we will review none other than Garmin. I am hoping to get the CEO to show up and make a few comments about recent price action. Looking at the insider trading, he has some explaining to do.

In unrelated news I am mentally gearing up for two upcoming events.

#1- Tonight is Eviction Night on Big Brother 8. With Jameka getting the boot earlier this week, it is finally down to 3. Daniele, Evel Dick and Zach. I am pulling for E.D.

Posted by Option Addict at 10:36 AM | Permalink | Comments

With yesterday being a "multi-post" day for the Option Addict, he follows up with a reversal today. Meaning that he mysteriously disappears all day to offer up a late, meaningless and irrelevant post to his following. What an ass.

Truth is, I just woke up.

In all honesty the only thing I can really preach today is more alpha, and follow up on how well all the positions are doing that I have been preaching over the last month. Especially the more recent ones (if you look at the top 10 dollar gainers, dollar losers, New 52 week highs & lows for the NYSE and NASDAQ you will see about 15 familiar tickers).

But I refuse.

Being on the reading end, I would hate to read the same old "I told you so's" and "Look Mom! I'm Actually Making Money!" claims that so many financial bloggers illustrate in their writings.

Instead I will act like I have been there before. If you've been reading for a while, we are familiar with "alpha" and it is part of what we do here.

So instead, here are a few things that have been running through my mind today...

With the dollar fading fast I am loving the FXE breakout more and more.

I am glad I am a long term provider for AMZN...

And a short term provider for Casinos. Both of them.

I love China. All of it.

So I think I am done talking about the market.

A side note: For those of you that watched the Bills vs. Broncos last weekend, you saw the severe spinal injury that Kevin Everett had after an attempted tackle. I heard last night that it is likely that he will walk again. Stuff like that puts me in a great mood.

In closing to my random thoughts today, I wanted to say thanks for all the e-mails and comments left recently. Not just the anniversary, but the congrats on my recent performance, and responses to the feedback I asked for last week. I am amazed at what I have been able to create here with this group and the caliber of participants that we have. Again, my sincere thanks to all of my readers and the support and contributions you all offer. I think I am going to use the video below as a potential theme song for our community.


Recommendation: Pat yourself on the back

Long: Option Addict

Short: Hyperlinks

Disclaimer: Past performance does not indicate future results.

Posted by Option Addict at 1:15 PM | Permalink | Comments

Posted by Option Addict at 10:31 AM | Permalink | Comments

10 day/10 minute chart of the Russell. I mentioned in my first video being long with a stop at $77 on IWM or $774 on the $RUT. On a 10 day chart this might signal a beefy move.

A gambler gets long here, a person awaiting confirmation waits for a break of the neckline.

Stay tuned.

Recommendation: I am trying to implement new ideas. Bear with me.

Long: The Russell

Short: Energy Drinks ( The Machine is still sold out)

Disclaimer: Just because I am long the Russell, doesn't mean it is the right thing to do.

Posted by Option Addict at 10:25 AM | Permalink | Comments

Even though my opinion is not always widely accepted, I do want to pay tribute to this day in remembrance of the innocent victims that lost their lives in such a terrible tragedy.

I was working at Morgan Stanley at the time, and our main offices were located in the World Trade Center. The company lost only 6 employees, but of course, it was six too many. To those out there that lost a family member, relatives, friends, etc. my heart goes out to you.

As always, for those who protect our Country and dedicate their lives to preventing these situations before they happen, thank you. In behalf of my family, your efforts are appreciated.

Posted by Option Addict at 10:06 AM | Permalink | Comments

Click To Play

Recommendation: Didn't think I would double up today with 2 new releases, did you?

Long: The first video

Short: The second video

Disclaimer: Don't trade anything detailed in this video either.

PS- It is actually a second video, despite earlier confusion.

Posted by Option Addict at 8:36 AM | Permalink | Comments

Click To Play

Recommendation: Want to see a real traders watchlist? Drink it in, goes down smooth.

Long: Watchlists

Short: Checklists

Disclaimer: Don't trade anything detailed in my videos.

Posted by Option Addict at 8:07 AM | Permalink | Comments

I love the price action in China this morning. But then again, I talked about that last week. This week I am shopping for long positions in Health Care, Biotech, Retail and various Technology stocks. I am shopping for new shorts in Pharmaceutical, Airline, Broker/Finance and a few high end Retails.

On an intra-day basis, I have been long, short, and long again in the Russell.

I have also attached the Economic Calendar for this week. Most of the meat will be served later in the week.

Posted by Option Addict at 11:22 AM | Permalink | Comments

Today I find myself busier than a one legged man trying to play some DDR (Dance Dance Revolution). With my partner out of the office, I have had to catch up on over one hundred e-mails, then deal with the counter questions that have kept rolling in (All of which is Marketcast traffic.) My personal e-mail is at a 52 week low and I am anxious to keep it that way.

I am going to try and play a little catch up. I have a lot of ideas running around inside my head that need to be blogged, so bear with me.

First off, how about that prediction in GLD? Here is a snapshot of the 5yr...this is kind of a big deal. Watch for it to stall around $730 per ounce, but when it breaks higher, you gotta buy with both hands.

I am also a big fan of buying this dip in China. Rather than list the same ol' FXI chart, here is ZNH, China Southern Airlines...in which I am a proud owner.
KLAC finally broke out. I lathered my accounts with Oct paper.

What about the FXY? Run baby, run!

I am also eyeballing the FXE. It's been awhile since I last talked about this, but as you can see it is near another action point.

I love to prove Guru's wrong. I finally own puts on COST.

BCSI...dare me to buy the dip on a 200 point drop today?
Done.
AMZN. Take a profit. Unless you are longer term, like myself.

I also happened to notice that Oil has quietly crept back up to $77 per barrel today. Keep an eye on refiners going into next week. (VLO, HES, HOC, WNR, ETC...) I love the fact that I am still paying only $2.50 per gallon.

Well, it has been a great week, and as always thanks to all my readers for their support and participation. In fact, since I am at a 52 week low on e-mail traffic, why don't you send me your feedback or suggestions for the blog. If you have an opinion of sorts that you think would be a good addition here, click here and send me your feedback.

Thanks in advance.

Now if you'll excuse me, I am off to grab some Afternoon Delight.

Recommendation: Hit that suggestion box this weekend!

Long: Fridays, Legs, DDR and Afternoon delight

Short: Plenty of stocks, the market, and vending machines that are out of Monster Java.

Disclaimer: Mastertalk is in the process of being loaded...for those that were interested.

Posted by Option Addict at 12:07 PM | Permalink | Comments