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Tuesday, April 1, 2008

Apr 2 Option Trades Update

Wall Street began the second quarter with a big rally Tuesday as investors rushed back into stocks, optimistic that the worst of the credit crisis has passed and that the economy is faring better than expected. Asian stocks jumped and bonds fell on Wednesday after a Lehman Brothers securities offering met strong demand, raising hopes that the worst of the credit crisis might be over. The Japan Nikkei benchmark is up some 4.2% as we speak. I wrote some limited N225 Jun 16000 call for 25 pts. Is it Time to get back into equities? Your guess is at good as mine. My take is that no one can successfully time the market 100%. I suppose one can opt to pick up some good stocks now that their prices has fallen so much & with a longer term investment horizon.



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