Here are my buys today guys.IMHO there is a large downdraft coming,don't claim to pick a top or bottom so thats why I take a stepping stone approach to my entries. For what it is worth this is what I did today.
Bought 3 times my 1st entry in DIA puts today @ .16. Avg. cost basis is now .20
and then added a 2nd entry @ 12650(EOD) for an avg cost basis of 12600. As we speak these plays are both under water however I feel confident in these plays. I am FULLY PREPAREDto add to my YM position.
MBI remarks today somehow lifted the market but that is a train wreck waiting to happen. God forbid they default because if they do it will be time for everyone to support the 2nd Amendment and buy stock in Master Lock for all the doors and windows!
ZB's are looking interesting again after my missed entry yesterday,"So many Girls so Little time.
HD is a RIPE Bolton Ma. APPLE ready to get picked! Housing is still in the CRAPPER and Consumer Spending is the paper in the crapper getting flushed.A.M. Employment #'s will direct the market into the PATRIOTS SUPER BOWL WEEKEND and I have made my Game Plan public. Good Fortune to all,Cheers everyone!