Jeez, this is not like performing a circumcision! 3% when trying to catch a larger move is acceptable. Additionally, the notional value of my short position is less than 1/3 of my long, core holdings. Nothing to worry about. Will check back next week!
Back from the Happiest Place on Earth and a few great meals at Ruth's Chris!
Still very short, no worries. 1090- coming soon......
Heading back to Bonnet Creek this week for some more fun sans golf.
From recollection the sp multiplier changed and eminis started traded in 1997 when the spx was in the mid 900's. Not a lot less then the current trading range by any means.
Market's will usually gun for those exteme prints again, keep your eye on it.
Btw, is et running at the speed of dialup circa 1996 the last couple of days or is it just me? I have given up on live posting.