AI
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Tuesday, November 29, 2011 12:49:30 AM
SPY $119.71 (updated chart) I was sitting on my hands most of the day waiting for the pull back. sure enough after 3Pm we got that pull back as SPY pushed under $119. i stated earlier that I was a call buyer on a dip below $119. I bought 10 SPY $121 calls at $.75 13 cat $95 calls at $.32 10 JPM $30 calls at $.30.... all of these weekly calls.
I see an inverted head and shoulders and a possible move back to $123.80 and just maybe $125. trust me i hate this market. I think we are all screwed starting with the europeans.... but right now where else is all the cash going to go??
I see an inverted head and shoulders and a possible move back to $123.80 and just maybe $125. trust me i hate this market. I think we are all screwed starting with the europeans.... but right now where else is all the cash going to go??
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