So, as the performer, you would have respect for the audience. Thats a big theoretical would since you don't have time to perform.
Does respect enter your mind when you are the audience? I'm only asking because your posts here suggest otherwise, and maybe you didn't mean them.
I've admitted that my analysis was wrong. But for each of the 4 days that this thread was posted, I stated why I was changing my analysis and was still bullish. The market hasn't done much except drop to new lows and bounce back. For me, those 4 days will be well worth the pain if I catch a 2 - 4 month rally.
So do you have a problem with my statement that I think the market has bottomed and will rally, or is the problem that it took me 4 days of hit and miss(friday, monday, tuesday, wednesday), with the same 100% conviction each day. DO YOU THINK TUESDAY IS A MISS? If so, thats just as bold a statement as I am making.
I don't enter a trade unless I am 100% convinced I will make money. Doesn't mean I'm necessarily going to be right, it just means that Im convinced i'm right.
If you don't have a problem with either of those points, please define your problem with this thread.
Otherwise, your arguments/slander can't be taken seriously, and you will lose my respect.
Also, if you don't understand how I was at a huge profit on Tuesday, I will briefly explain.
When we gapped down huge, my original long options lost most of their value. I stated that I was quadrupling my option position because the gap would be closed.
The gap did close and I sold my new options for a huge gain, and my original options were close to breakeven. Overall that put me at a big profit. Heres an example if you cant understand that:
I buy 100 shares of a stock @ $10. Stock falls to $5, so I buy 400 more shares. Stock rises to $8, I sell all 500 shares. That puts me at a gross profit of $1000.