Ring of Fire

[rcptrader]

He got lucky as a blind squirrel and made some money during the last downdraft. Now he thinks it was his expertise with ewaves that made him the profits. His profits should just about be down to nothing by now. What does that say about ewaves? He no longer trades but is buying and holding wasting options which is a high probability loser strategy. He is trying to be lucky and is trying to hit the normal seasonal Fall dip which usually occurs during Sept or Oct. But any dip this Fall is expected to be shallow so he will be left holding the bag. And the rise after the dip will make sure he gets really wiped out.