Well, there you go. Exactly why I encouraged everyone to protect their stock ivestments (just yesterday) with the option hedge. And, Im going to let my hedge ride at least into tommorow.
These markets are fickle and can turn on a dime. It's a great idea to insure your positions!!!
It will be interesting to see if the sell continues. I know Im ready either way, and I would love to see blue chip stocks go on sale this year like they did last!
Im not saying it's time to load the boat yet...but when that time comes to start loading the boat, I will definitely be giving that advice.
Monday, August 17, 2009
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