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The subject suggests how one can have two views of the market.
For example, the Dow was down 150 points.
At the same time stocks like:
CRMT was up $1.84. This company has a PE of 15 and is a leader in the sale
of used cars.
ULBI was up $2.70. This company makes rechargeable batteries, has received
new govenment contracts [ there's that economic stimulus] and has a PE of
7.
I could write up 50 more. Bottom line...even if the Market goes down, all
stocks do not. And likewise the opposite.
And while the market has been going up, there was much to be made selling
uncovered Puts. And if the market tumbles there will be much made selling
uncovered calls.
Check out http://www.optionwriters.com for a free trial
I screen my own but that site came up on a search and they cover a lot of
ground...educational if nothing else...no affiliation yadayadayada.
Sincerely,
John
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