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Re: phaseshift post# 64061

Tuesday, 12/20/2011 8:27:58 AM

Tuesday, December 20, 2011 8:27:58 AM

Post# of 364529
PCLN: I sold for -.03 (200 bucks incl fee's) loss yesterday, maybe i made a mistake. But I was far out of the money with 495 W Calls and yesterday it just didn't rip as much as i hoped for because of the EU/ SPY BS, it dragged it down. So I chickened out. On top of everything SPX/ SPY fell almost under 120 and more S&P France downgrade is looming.

My goal with PCLN was the chart pattern and the volatility of one big white candle. I wanted it yesterday but now SPY/ Markets gapping up, maybe now today PCLN will see that big white candle and i'm not in any more :(

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