What Sucked Today 11152007
Forcing trades. Its definitely not a time to be experimenting.
Here is what I was looking at today for the RUT/IWM calls.

There are a couple of spots I didn’t put on the chart where I could’ve gotten out with those 13/14% gains. That first buy on the green hammer (I bought when it was red before the bar closed), and then on that second green dot I went with RUT calls. Those had a nice move, but because I was looking for EOD finish, I didn’t think to take it.
This is what I was looking at with the RIMM call buy. This one looks like it might have some promise tomorrow. A $2 move for RIMM is nothing.

Todays action really has me turning bearish and that might just be a sign of a turn. I’m considering capitulating when alot of different indicators are at spots where previous bottoms have been made. I don’t mind getting caught on the wrong side when I have no warning of it, but I’m fighting what I know is not a high reward trade. I’m forcing it right now.
