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Post# of 18894
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bbgold

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bbgold

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Re: RCKS post# 18716

Wednesday, 12/07/2011 11:05:08 AM

Wednesday, December 07, 2011 11:05:08 AM

Post# of 18894
Ah, I remember Da Cheif :)
Don't think I have been over to SI since 2001 lol.
I thought he had a board here for a while?
Right now I am remembering the last Max Pain rally day when SPX had the gap down to 1190 support and then rallied into eod. I don't want to be stuck with SPXU on a repeat of that, especially with SPX low right at prior targeted support 1245, SPY 125.
The covered Calls will keep me in SPXU to 12.65 and still break even from the 13.80 hod.
For now the speculation is some repeat of why it is called Max Pain Rally day, so playing it Safe.

Good Luck to All! :^)

PLAN the TRADE and TRADE the PLAN!


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