|
08 Oct
Posted by Sensei @ 12:28 pm on Wednesday, October 8th, 2008 in Options, Stock Comments
If the market has one more big afternoon to the downside. Not only will true panic happen, but I think it will finally cause the capitulation. I’m looking at SPY and NDX calls here if that scenario materializes and the reason I sold my leveraged ETF’s, even after getting my nuts squashed by an elephant on the trade, so that I had cash to make this trade.
Now I’m just waiting for my pitch.
Tags: call-options, capitulation, elephant, leveraged-etf, ndx, nuts, spy| Poker Bonus Codes Check out the top poker sites for US players. At Poker Codes we rank these 7 online rooms. | |
| 1. | Full Tilt Poker referral code |
| 2. | PokerStars Code |
| 3. | UB referral code |
View Comments
StockRake
October 8th, 2008 at 3:16 pm
1Made a few day trades for SSO and QLD…both profitable about 2% in each. Now back to cash again. This damn market is nuts.
StockRake
October 8th, 2008 at 7:16 pm
2Made a few day trades for SSO and QLD…both profitable about 2% in each. Now back to cash again. This damn market is nuts.
RSS feed for comments on this post · TrackBack Website (noto required)
Leave a reply