You cannot make this stuff up! The following report was the last filed by Mark Haines on Friday, May 20, 2011...
Eerie.
Speaking of which...
Quite a pickup in call option buying these past two days. Might this largely be short equity hedging?
Today's whipsaw during the final hour of trading suggests this very well could be the case...
A Tribute to Mark Haines
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© The Risk Averse Alert — Advocating a patient, disciplined approach to stock market investing. Overriding objective is limiting financial risk. Minimizing investment capital loss is a priority.
Analysis centers on the stock market's path of least resistance. Long-term, this drives a simple strategy for safely investing a 401(k) for maximum profit. Intermediate-term, investing with stock index tracking-ETFs (both their long and short varieties) is advanced. Short-term, stock index options occasionally offer extraordinary profit opportunities when the stock market is moving along its projected path.
Nothing is set in stone. Nor is the stock market's path of least resistance always known. More often than not, there are no stock index option positions recommended.
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