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Re: 2bit-nothing post# 95631

Saturday, 02/13/2010 12:30:34 PM

Saturday, February 13, 2010 12:30:34 PM

Post# of 387798
I usually trade mostly options on huge tankings or huge up days as its' more exciting to trade, and bigger percentage gains....However, when I see SPY rally from $104 to 108 when a dip in the markets hasn't really happened & horrible news, and uncertainty keep going on.( traders take some time to catch on. Last years crash took time) I had to buy puts. Mostly on QQQQ as tech has performed better than S&P so when things get ugly tech is going to tank much harder. I was going to play bounce on markets at SPY a tad bit under 100, but this $4 rally on SPY is like a gift...I'd like to smoke whatever dip buyers are smoking. Did you guys read one of the best french economists is calling for a worthless Euro...This is serious stuff. I think the market at 6500 might be to pricy for my likings.
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