SPDR S&P 500 (SPY): Oily, Since ur MIT calibre and ur ima...

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Re: Irongate post# 41964

Saturday, 02/23/2008 2:19:51 PM

Saturday, February 23, 2008 2:19:51 PM

Oily,

Since ur MIT calibre and ur imagination is quite vivid to say the least. Me mediocre option trader can only see it when it comes. I was out of shorts at about 1.30pm yesterday when S1 and below was reached and ya, like u say, 1500, the greed came in and short sellers piled in. If u have real time options monitor, an R3 was more than likely around 1500. That was when the reversal happened big time. Those people with lots of greed were bound to lose. As u can see hard experience and no imaginations needed ....

da da 2bit

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