Looks like..

Looks like things are going to continue to be ugly. Of course, there are places to be in the market to make some cash. There is no reason to be fully invested at this point but you can't let cash sit on the sidelines forever. This is especially true of the inflationary policies that the Bush and Obama administrations have been implementing in recent months. You may feel safe in cash right now but inflation is going to punish your buying power

One of the ways you can take advantage of this is using options around earnings releases. You need to have the correct strategy and use the correct underlying equities. To be fair, I can't officially take credit for this trade because I didn't put it on the blog in advance. That said, I put together an option trade that allowed me to make 50% in 2 days on (PCLN) surrounding their earnings release. This strategy is too much to put on a blog but I will be creating an ebook with the exact guidelines for how I do it. It is fairly simple but the rules must be followed exactly. The strategy allows for very little risk (my favorite kind of trade) and the possibility for huge rewards. I will be getting more names out there as I trade them so we can see this in action.

Take cover in this market over the next couple weeks. Make sure you are light and nimble, but be sure you can't stay in cash forever. The inflation monster will eat your portfolio if you allow it to. Until next time, stay low risk..