thank you for the kind words. yes, presently short oil from 80.97, first entry with 2 more available to cushion potential non perfect entry. i believe the top is near or in here. best wishes to you.
surf.
marketsurfer
Registered: Apr 2002
Posts: 10322
10-04-07 06:40 PM
the oil short added slightly to gains today. continuing to hold here.
Approximately how much less return per yr would Vic have made with Put Credit Spreads (instead of naked puts)?
Just your rough guess...less than half of annual return(excluding blow-up)?
Here is an ironic observation, if Surf WAS to pay attention to TA, then he would have a lot better entries with a lot smaller DDs. His entries seem to be quite appalling, sorry Surf, but that's my POV as of now. I do wish you all the best though