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S&P 500
5,572.85
(
0.10%
)
US TECH 100
19,955.60
(
0.31%
)
Dow Jones
39,344.79
(
-0.08%
)
Brent Oil
84.97
(
-0.53%
)
Bitcoin
57,675.73
(
1.70%
)
Post# of 72979
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MRCapital

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MRCapital

Re: Spectre post# 37510

Wednesday, 10/22/2008 3:05:15 PM

Wednesday, October 22, 2008 3:05:15 PM

Post# of 72979
I just had a feeling this market was going to sell off...The pump on the S&P 500 to 93.50 to test mornings high was obvious, and made a lot of bagholders...Buying puts in this market your odds of making money increase tremendously. Buy puts on pumps. I've lost 75% of my money buying calls on the S&P 500 when it broke 100 waiting for that so predictable " bounce"...Tomorrow I'm willing to bet we get a gap up pump followed by a sell off to test the S&P 500 lows. Be carefull everyone

[chart]www.caulfieldartgallery.com/images/Wall_St.jpg

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