SPDR S&P 500 (SPY): Steve & Gleno: yes, but when? I am looki...

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Re: steveftw post# 41879

Friday, 02/22/2008 3:08:09 PM

Friday, February 22, 2008 3:08:09 PM

Steve & Gleno: yes, but when? I am looking for that signal. So far only small fish are getting out of the short trade. Up vol. is low. The next congestion zone for the Qs is above 43.11. Will they enter it with enough vigor to let you make profits? If not, will you be willing to keep longs? If you still have puts, locking in - like Blasher - is the most prudent move.

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