Quote from MAESTRO:
EXACTLY! In this case you won 8 S&P points! Good call! I am still short heavily.
I am long NQ here again (was stopped out this AM for a few more than 8 points from last wednesday) with a stop at BE but as I have mentioned before I am long a large number of OTM puts that are almost green here. I'm looking for a big move out of this pennant or wedge or whatever you want to call it.
http://www.elitetrader.com/vb/showthread.php?s=&postid=2292980#post2292980