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Re: bigworld post# 27735

Tuesday, 08/11/2009 11:00:38 PM

Tuesday, August 11, 2009 11:00:38 PM

Post# of 51847
OT:Bigworld,
Scary stuff. I'm still half cash. When the market was bottoming, I targetted SDS for purchase at $50. It's been down to $44 recently. I nibbled. I have been under water for two weeks on an SPY call option I sold short. It finally got back to my entry point today. I don't know but the pullback may have shot its wadd today? There's so much sideline money, I can see it running to 1100 from here before a pullback. I am long some SDS, but still not fully committed to either direction.

And GLD continues to fail below my sell trigger.

I admire the size of your gamble. Good luck with it.
MF4
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