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TFC Commodity Trading Forum

Re: buying John Denver SB calls

Well, I got my "Far out" sugar calls and will stick with them.

Now, I see silver can break the March low and reverse to the upside in April (looks like 28.12 low). So, I will buy some calls, after a new monthly low) in hopes the writer gets his just desserts in the form of a bankruptcy. But, not before I cash out, of course. But, maybe it's AIG or GS or C, etc. and the taxpayer stands behind all their bets. TO THE MOON, ALICE!

The USD is in a predicament. It is supposed to change direction this week but is inside the large outside last week. Maybe it will nullify by trading inside all week....you think?

If the SPX trades 1620 this week, I'm all in seller.

:-)