OPTIONS TRADERS CO-OP

[gdl]

Reason for loading up for potential BIG move.

1 - 3 day steep drop of 160 SPX points hit the 200 day moving average and attempted for the next 3 days to push above. It DID! But BEAR ly.

2 - Already had a 3 wave structure on the last 3 day up move.

3 - It NOW looks like just a midway pause from the 160 point drop implying possibly another 160 points.

I know this is a long shot but looking at the chart it is the only thing that makes sense. In the past when i pushed the bet like this I got burnt badly. Tomorrow will either be very profitable or i lose my shirt.

Blackjack Analogy: Holding Ace and two while house shows a 6. I have to double up anticipating the house goes over. My cards only have potential for a good hand but even if it produces a terrible hand it can't go over. Compounded ways to win using the odds.