SPDR S&P 500 (SPY): Hey Dan, great job …Yes, it is Gle...

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Re: omandan post# 22332

Tuesday, 08/14/2007 1:35:22 PM

Tuesday, August 14, 2007 1:35:22 PM

Hey Dan, great job …Yes, it is Glen’s fault: in the morning he thought the Qs were going to hold 47.26 (S2). My call spread is still holding fine but -to hedge- I bought QID and SDS this morning , at Qs= 47.58. Later added to the long arm of the straddle (Sep call 47) at 37.13: Irish finesse to the 9 of clubs… Still keeping the 2x shorts since my 2 intraday targets were not yet met: 46,98 and 46.75. It’s always easier to enter hedging positions than to get out of them.
Have fun and good trades, fox

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