Futures Up This Morning Nicely

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March 24, 2008

It looks like we might get the pop I was expecting. I went long Friday with most of my ammunition. The talk is BSC could get bought at a higher price – as much as $10 per share.

“I went long the indexes “heavy” with my 2x funds and the UWM and QLD in my accounts. I’m expecting an upside break next week pushed by short covering and some heavy buying by the funds. Bear market rally here we come!”

From Friday

A couple of option plays I’m considering now are GILD, CAT, WTW. What I’m considering is deep ITM calls.


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