There goes the neighborhood

[brokerboy]

those calls don't workout in 2 months typically. they are 6 months or 1 year or 2 years because you can't time economics and the markets together that nicely.

 

[colonial dr]

There is allot of news out today and tomorrow. Labor day is over-why not be long volatility?

 

[kjones5159]

You can time the end of the institutional fiscal year combined with shit fundamentals (to be generous) and a highly overbought market reacting to par or sub par QE that they've hyped to death for months.

 

[atticus]

Worst timing imaginable. Not Buffett bad, but c'mon. The answer to the question is known as it's down a ton on marks.

 

[kjones5159]

They look like my catalyst hasn't even happened yet. Again, not a day trade.

 

[atticus]

Quote from kjones5159:

They look like my catalyst hasn't even happened yet. Again, not a day trade.

Yeah, let's wait for the top print to go short. Not to rag on you but this is a blown call:

An equity strategist for Goldman Sachs [GS 113.14 3.20 (+2.91%) ] is predicting a September selloff that happens so rapidly he is telling clients to protect themselves before Sept. 14.

 

[kjones5159]

And actually, it was good timing, this last dribble upwards is very lacking in conviction, headline euphoria.

 

[kjones5159]

Top print?

 

[atticus]

Quote from kjones5159:

Top print?

The call is blown. I am stating that you're implying that it's "awaiting the setup" is BS. If the mkts were down 25 (SPX) today he'd be screaming from the rooftops. Take a position and stand by it.

 

[atticus]

Quote from kjones5159:

And actually, it was good timing, this last dribble upwards is very lacking in conviction, headline euphoria.

SPX 1400P down 35% on the day.