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Post# of 36859
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CRichard

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CRichard

Re: mange post# 20104

Wednesday, 10/22/2014 3:35:47 PM

Wednesday, October 22, 2014 3:35:47 PM

Post# of 36859
People could be up 30% on their position. Options activity indicates huge volatility coming up. It could go either way. Some might not be willing to take that bet which is very understandable.

I'm taking a chunk off the table before tomorrow. Not because I think the earnings will be bad, but I want to see direction. It's very possible we'll see a shakeout post earnings. That being a spike down to get people to freak out and sell thinking it's going down, then a spike up and away. With that I'm taking some off the table in hopes of buying back in. If I miss a huge spike up then so be it, as my core will still be there.
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