SPDR S&P 500 (SPY): I closed May 20th $204 puts at $2.28 yes...

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Re: Perseverance71 post# 197028

Saturday, 04/30/2016 6:33:11 PM

Saturday, April 30, 2016 6:33:11 PM

I closed May 20th $204 puts at $2.28 yesterday from $1.22 and $1.00. 7K in profit. I have no idea what happens next. I don't feel confident in more downside or more upside. With the amount of robot influence we've had the past 3 months, I don't think the chart is saying much about near term direction. Trading SPY less and waiting for good setups is working much better now as SPY violently zigs and zags intraday under the forces of manipulation.

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