Yes, I know, I’ve been absent.. Sorry about that. Had a few things going on such as getting laid off (Yes, it’s a good thing, wanted to leave anyway), and the Options University Live Mastery classes started (very consuming, very intense).
So, anyway, this market has really been a shift for me because as long as I’ve been interested in the markets things have for the most part been pretty strong. But, from everything I’m hearing we are in a bear market. There may be rallies here and there but between the credit crisis, housing disaster, and falling dollar — it’s a bear market. Let’s just face it.
However, there are bull markets in mining, agriculture, oil, and just about every currency except the dollar. Talking about the dollar gets into forex pairs, so I won’t go there… but the point is that the dollar is very weak.
Gold:
I think mining in general is pretty strong, but gold is seriously going through the roof!
gold
Agriculture:
Can anyone say Potash? It’s at an all time high and this thing doesn’t look like it’s going to stop.
Oil:
And then we have oil which has broken through $100 a barrel — yikes!
Posted by admin | Posted in Learn Option Trading | Posted on 24-01-2008
If you missed the Options University webinar the other night, they’ve just made the recording available. Over 1000 people showed up so the audio quality in the first half hour sucked but halfway through it got better. The audio should not be an issue in the recording though.
View the recording here
The purpose of this webinar was to introduce a 12-week series of classes that is starting this Sunday night, 3 times a week and 2-3 hrs each. So, it does have excellent info but keep in mind they are promoting a class. Nevertheless, LOTS of good information and I highly recommend watching the replay. I also HIGHLY recommend taking the class. It goes through everything and the teaching is superb. Really, Ron and his team really work hard to make sure the students get the concepts down and will stay online until every last question in answered. I signed up so if you do get into the class, let me know. Will be nice to have someone on the chat line…
Posted by admin | Posted in Learn Option Trading | Posted on 21-01-2008
Options University is getting ready to begin a new “semester” for their Live Mastery classes and to give us a preview of what’s included and what the classes will be like, they’re holding a free webinar tomorrow night.
I’ve been to several of their classes and strongly recommend that you attend whether or not you plan on signing up for the Live Classes because even this free webinar will give out a lot of great free information. I will definitely be there, so say hi in the chat area if you decide to attend.
Details for the Live Mastery Series Free Webinar:
Date: Jan 22, 2008
Signup here for the Live Mastery Classes free webinar
I’m really excited about this class. I’ve been waiting for it ever since I met a bunch of people at the workshop in October who raved about it. This is a 12-week series of classes held twice a week and 2-3 hours each time! It’s completely comprehensive and goes through all the basics and then goes on to option greeks, implied/historical volatility, all the option strategies, and just about anything else you can think of. So, if you still have gaps in your understanding of options, this class will probably clear the cobwebs.
