Langlui's Big Board and Options Plays

[langlui]

newair, i feel your pain. I can't think of a good reason for this long haul bear market rally.. illogical and irrational... it has to reverse at some point right? When DOW 9500?!

I just can't fight against the trend. Each time when I think the market should react to news this way (down most of the case), I got puts and got my ass handed to me.

I don't know how much more the market will go up.. we all can only go along with the market direction and not to fight against the trend. I have lost a bunch of money in options trying to fight the trend just in April alone.. and we are only half way through April