I’m sure you have noticed

Just wanted to comment about the other posts in my blog. You know the ones from other authors. I actually am having guest authors now on a regular basis talking about all different aspects of trading and the stock market. The reason is that it will broaden your knowledge base about trading in general. If you know more about a subject in general terms it will help you in your more specific areas such as credit spread trading.

Every post is reviewed by me before it is posted to the site. I hope you enjoy the perspective of these guest authors. Each post will contain a link back to the author or their site that they write for. I will still be posting my own information about option trading focusing on credit spreads, iron condors and diagonal spreads.

I am also sure you have noticed the new format of the blog, if you have not because you are getting these posts via email be sure to check out the new site format… http://www.creditoptionspreads.com

Thank you for being a reader and please comment on anything you like or wish to improve upon this site.

crdit spreads, guest author

Hollywood to as an indicator to the upcoming BEAR!

Here is an interesting article corrolating Hollywood movies about the stock market and Big Bear drops.

Market Top III: Return of the Gecko by Dominick Mazza and Joe Nicholson. The corrolation is between when the market topped in 1987, in 2000 and right now we are possibly looking at a market top and when the movies Wall Street, Boiler Room and now the upcoming film Money Never Sleeps

It is one of those interesting analogies that probably has no corrolation whatso ever and is merely coincidence - well not coincidence because I really do not believe in coincidence but rather if you look at something then you may just find what you are looking for. Then again who ever came up with the idea of looking at movies vs the stock market???

I guess Kevin Bacon’s movie - “Quicksilver” in 1986 although not entirely about the stock market doesn’t count?

The best explanation is in the article about why this occurs -

Of course, big budget Hollywood producers and A-list celebrities don’t like to take big hedge-fund-style risks. When they invest years of work or $100 million in a project, they’re usually pretty sure there’s going to be an audience or they’d never get on board.

What this actually means is that Hollywood is late to the party. The stock market reaches new unexpected really high highs and starts making waves even with the people on the outside. The attention given makes for an audience to watch a film on the markets, but as we who follow the stock market know the noise just brings in the last of the buyers and once all the buyers are in that are going to get in the market then fails and drops like a stone.

So for me this is just another sign that the hype is almost over and the market will have a correction soon.

hollywood producers, money never sleeps, stock market, upcoming film

Vote for Lindsay

OK the markets took a big dump today, wish I had some open puts. Luckily I mostly cash waiting for a pull back - I did not expect this kind of a pullback though. Now I am going to sit out the week and wait for the dust to settle.

So to make this a more lighthearted post - Have you looked in the lower right hand corner of this website? I hope you have and I think it has been a great addition to my site. Wallstrip is hosted by Lindsay Campbell. It is a great daily show that I watch faithfully, for two reasons - its funny and Lindsay is ummm…HOT!

So I have casted my vote for Lindsay at this poll VLOG Hot: NewsBabes

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FREE Education And Training in Trading

Here is an opportunity for free education and training in trading.

International Traders Expo to be held in New York February 17th through the 20th. It is free! Of course, everyone is going to be pushing their wares and how their system is the best but you can still receive some extremely valuable information.

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