Quote from mastacoli71:
Agree. Just scares the crap out of me to see it unfold and everyone including institutions making the same mistakes over and over. And guess who gefs burned in the end. The general public thinking their savings and investments are ok vause this time is different. Dont care what anyone says. History repeats. This time is absolutely no different.
Quote from RichardRimes:
Took a long as well...48.25.....however my chart show SPX is very toppy so I'm collaring the trade..sold next weeks( Thurs EOM) 1750 call @ 8.25 and bought a 35 put @4.30...we could stay here or at least in this neighborhood forEVER...ugh
got some other crap on but I'm beginning to trade for the sake of trading so taking off..have a great weekend ya'll

Quote from sellindexvol66:
if you are so sure about the inevitable crash (i see markets move in boom bust cycles; but i don't try to fight it or think about the rationale of "why" trends persist)...do you have a very serious plan on what you will do when (or before) we really crash?