SPDR S&P 500 (SPY)

[Footquarters]

Hey NM



looked to me like the long call was the way to play Friday, ended up 10 SPX points LOL.... the question is "when to get in", 1333 was the line in sand for the inverse...so for those that waited till the lows could have made 3%.... As it turned out if you bought even the open, you were up 1% at the close, playing the SSO.... LOL The way you trade, playing both ways, is very profitable during this time, I have no clue how you trade though.... don't do options, probably should since everyone plays so much with them. I am not sure Seph IRA's or standard 401K's allow you. I only trade the IRA's since I don't have to keep records for the IRS on them.....
BTW the technicals were still saying down till "the news" came on, so if you weren't playing support, those thinking they were going to jump in, when the technicals turned, probably missed the big move... I didn't miss it, was sweating it when they did the bungie move before the big short covering blast up....