Recent content by bklamco

Deed is done now Time for a run? http://www.imdb.com/gallery/ss/0109830/1-1.jpg.html?path=gallery&path_key=0109830&seq=9 :cool:

I think the thread allows you to deviate from time to time if the market warrants something other than credit spreads, Ive seen debit spreads and puts traded in th past when option coach was more active. I've seen some traders here using a combination of different things. I've also see some...

Why does it have to be scared...You can get a big Put debit spread or straight PUTs then ride the Santa Clause Sled down Ho Ho Ho! Or buy call credit spreads only. Yeah I know easier said than done....:)

Black swan theory From Wikipedia, the free encyclopedia Jump to: navigation, search In Nassim Nicholas Taleb's definition, a black swan is a large-impact, hard-to-predict, and rare event beyond the realm of normal expectations. Much of scientific discoveries for him are black swans...

Very good point 5% instead of points makes alot of sense. The average big move currently is 1.5-1.7% so 5% would be a big move. The wording Black Swan seems to conjur up negativiity or perhaps along the same lines a the term he/she took a "Blood Bath" or in other words a loss. So in other...

I dont know other than a big market down turn. Does a 500+ point crash down in the Dow count as one?

I'm new posting here but I have been reading this thread for ages... I dont have a crystal ball, but open up a weekly chart for say 10 spx years and plug a 62 sma into it. That should give you a really good idea where the downside will stop at the 62sma. If it goes past that we may be onto...