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Builder there was something fishy abt that 8+ pt drop ... thats the problem with stop losses..ya get caught once in a while.

thanks Tobbe...no mountains but pretty cool looking...wonder how cold the winters get... women are beautiful in a classic way...men...not so much :D oh and did scroll down to get all the info..thx again..

OT ...but...for those of us who are ignorant and only think Siberia is a vast cold wasteland could you post a pic of a park or place you may go to enjoy nature?

Thats funny :D there is so much buzz about the 21(or whatever) consecutive up Tues not surprising they are taking a break...however I wouldn't be at all surprised to see spx eek out a tiny gain to keep the streak alive and the bears at bay.

175 comments and exactly ONE day trade. Any trades today Cornix?

we knew what you meant!:)

decided to take 59.50 when it was offered a second time...will re-set and buy if we get to 51

waiting.. edit...had I been at my computer I would have probably sold at 59 ish..but left for a minute..:mad:

trade's and "hopeful" trades...

This VERY strong trendline from Nov keeps things in perspective for me. We are in a strong uptrend...period... I've been short straddles/strangles in the weekly ES and buying the cash on dips. The top line I don't trust as we have broken above it several times. I can see 1750 as easily as...

+1

Perhaps its nuance..... but if I decide to buy a slightly out of the money tight call spread on xyz I'm banking on a positive direction...not really caring about the volatility of xyz. Obviously if I'm right on both the upward direction and lower volatility I make more money. but my bet is...

My experience has been to strategy trade (swing..longer term) equity options and day trade..short term index future options/futures cash. To be profitable you must be right on either direction or volatility and plan your trade so you know exactly how you will manage it if you are right or...

our kids went to bora bora last nov (while we baby sat)....stayed at that place with huts over the water...great time...enjoy

:eek: we hit it yet??? hope you made some bank! nice trade atty...this drop was manna from heaven...

:p

May isn't over However there are so many trapped bears it may take awhile to unwind and allow some volatility to return.

the other thing worth mentioning is at least with calls you can buy OTM calls pretty cheap to keep margin clear. In a bear market its a bitch buying otm puts to try and cover your shorts..vol just doesn't work in your favor.

hey Luis...I know what your feeling! I'm also selling monthly strangles...but have been buying slightly otm call spreads (trying to leg into them) on the weekly's to help with the digestion issues in the am. Its VERY difficult to try and keep as close to delta neutral in a market that "seems"...

hummm...some one(s) bought/sold a 10K car 25/35 strangle overnite on the weekly