ETF Covered Calls 03-05-2010

Nice market rally today but will it hold?    The ETF-Cashinator is showing extreme xolitility with only 14 days till March expiry and it could go either way.   There has been so much relentless negative pessimism that I have started to walk away from the edge of the cliff; following the herd over the cliff is never a good idea BUT anything can happen.    The market may continue to climb through March but the really worrying thing is energy inflation spiking to absurd levels.  Why is oil at $80/barrel again when demand is down?   What does that mean if the economy is starting to take off, oil at $300 per barrel?

Here’s the google link.

ETF Covered Calls website is for educational and entertainment purposes only. Any investment activity is not without risk including loss of principal. Neither this website nor its authors assume any responsibility arising from the use or misuse of any information presented in this blog. You are urged to contact a financial adviser before making any investment decisions. Past performance is no indication of future performance.


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