S&P short term cycle swings

[sungolfer]

S2 with this expected pullback,are you staying in your XLB position or selling and re-buy later.Reason i ask if we have a pullback won't it make sense to take your profit and re-entr.As a daytrader i have never played options.Like to be in and out asap.They only stock i held was MRVL because i thought everyone knew something i didn't cost me 45k.Your posts on the call's and puts are easier to understand than some of your options on the mrvl board.I must have to omit that i always thought that once you bought a call or put it had to be in the money to sell.So i stayed away and never looked into them.So when you take a position what quidlines could you offer as i plan to paper trade your positons to get my feet wet.thanks