First, an update on the Facebook (FB) trade I told you about a week ago – it was trading about $98 and the spread I suggested would make 66% if the stock was any higher than $97.50 in one month. FB is now at almost $105 and that is looking like a sure winner. It’s a good feeling to make 66% while lots of people are anguishing over recent losses. Now for a few chuckles today…
If the market knocks you down, try laughing instead of crying –
Some Market Definitions:
CEO –Chief Embezzlement Officer.
CFO– Corporate Fraud Officer.
BULL MARKET — A random market movement causing an investor to mistake himself for a financial genius.