Kudos to MMs

SPX, 1350.14. FV, 1057.94. OFV, 1350.46. POFVF, 1179.89

This is going to implode in the next few days, or sooner, whichever comes first. 1372 ish is an short pivot, no matter what.
 
Quote from nitro:
SPX, 1350.14. FV, 1057.94. OFV, 1350.46. POFVF, 1179.89

This is going to implode in the next few days, or sooner, whichever comes first. 1372 ish is an short pivot, no matter what.
Or the market keeps going up and you decide your model needs to be reworked/renamed/retweaked

With SPX at 1350
<table border="1"><tr><th>Date</th><th>Action</th><th>Price</th><th>Units</th><th>PnL</th></tr><tr><td>Dec 20, 2011</td><td>Sell to Open SPX</td><td>1229.89</td><td>2</td><td>-240</td></tr><td>Jan 11, 2012</td><td>Sell to Open SPX</td><td>1288.60</td><td>1</td><td>-61</td></tr><td>Jan 25, 2012</td><td>Sell to Open SPX</td><td>1321.20</td><td>1</td><td>-29</td></tr></table>
Unrealized losses : 330 points
 
02/13/2012 13:23:02 OFV = 1358.75 Buy to Open at 1352.61 Spread = 2.5
02/13/2012 13:25:26 OFV = 1350.81 Sell to Close SPX at 1352.31 Spread = 2.5

This trade appears to be due to a data spike.
 
Quote from nitro:

There is a serious parameter inversion on Friday. So far, PI is 100% accurate on predicting selloffs, even on mild cases of inversion. You will see tomorrow, that FV implodes, and the others follow. Initial target is 1300, but 1292 seems likely if 1300 is reached. The price action early on will continue to show pullback buying, until one late afternoon it gets blasted 15 handles in ten minutes. Then 1300 comes pronto.

I wish I could add to short position, but I am already overextended.

You previously said it was easy to make money and presented returns to minimum margin requirements. This is deceptive if your loss can be more than -100% since you obviously don't have a stop.
 
Quote from arbs-r-us:

A lot of fisting going on here. This thread is serving little useful purpose.

Here, maybe this will ease the pain .....

ky-jelly-demotivational-poster-1289089609.jpg
 
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