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I know that. But Vega's (that's the word you should be using) only a small portion of the option pricing. not only that, but you're wrong all together pretty much. Options are priced off their on IV and HV for the most part with $vix playing a role WITH that. AKA not a big deal. I...

*walks into thread* Sooooo how's everyone doing? Anyone else taking a few profits here?

#1. Who gives a shit? I'm right most of the time. Most of my money went to college and rent for myself and my brother. #2. You spell it with a big "G". Next time don't forget it :) #3. Idk my account's still in the green for the year as well as 2 other IRA's I trade.

"Pain Train" is loading up more passengers. Conductor's yelling "ALLLLLLLLL ABOOOAAAAARDDDDD" Ready for more tomorrow you guys.

lol #1 you don't even trade options, how would you know? You still trade? I didn't think you did #2 how much does $vix play on option pricing?

It's alright, you won't have to worry about me if we go down. I'm pretty sure a stop under yesterday's low is sufficient for me (and you'd agree). Until then i'm golden. haha account size? Because that makes a difference on trading. Yeah sure. I'm a 23 graduate server (refusing to get...

LMAO!! That is fuckin funny

Oh trust me. I could add a bunch more good commentary, but these guys hurt my feelings :( haha nah, but this wasn't a guess. It was technical. These guys don't understand though. I'm gonna keep quiet until i'm wrong (which I could be).

Sorry. Previous posts had my tempers flaring hah. I asked you to remove it.

huh usually losing money has the opposite effect on me. Im jealous of how happy you are

Dow +200. Comon guys. You were so vocal yesterday. Only crickets now. Just like my recession post a few years ago. I like ice cream.

] You guys are hilarious....... Yeah and Livermore never used the words "bear market" or "bull market" either like one of the other clowns on here. I consider the term so retarded i make up my own definitions for it.

lol you guys need to relax. I'm taking a gamble here too. But if we break the lows from yesterday I admit defeat and will take my losses and regroup :) . I'm may be wrong, but im not an idiot. But seriously....as for the "bear market" definition. I never understood the rationale...

Dow +90 so far..... Alright! But the "pain train" is coming.... CHOOOO CHOOOO

Ok...since you're the genius. What is a bear market. You define it and tell me why. I'm not making up definitions......I'm using common sense. If you knew anything about that you wouldn't be bitching up a storm. Wow. Why are you whining? I'll just post this again I guess......

Sure. I'll divulge. For starters I said the market has at the MOST 2-300 points of downside left.....I'll leave it at that. The market will move up. Just like I said it will move down on Oct. 11....it will move up either middle of this week or early next week. For the record...(AND...

I will. The loosest definition of the term would be when the market is more than 50% below it's lowest point and it's highest point. I personally would consider a "full-blown" bear market to be new all-time lows.

1. I do trade full time. 2. I've probably been doing this for twice as long as you have 3. What do we do in a bear market? #1 the market isn't in a "bear market" stage yet. #2 you sell the rallies PS....GL hombre

I'm as bearish as anyone, but we've got 2-300 points downside max. I'm not dumb but i know many of you are. I want to see how many ET geniuses are shorting this thing.