Replies to post #39057 on OPTIONS TRADERS CO-OP

[gdl]

Tempted to buy even more PUTS here. Up almost 10 SPX points. Candlestick patterns short and long term are all negative. FED sees a slowing economy. That will help in assumed rate hikes but not in earnings. Going to be a rough 4 weeks.

Bet a day too early. I see a sharp fast drop coming. I see a dramatic drop by close today as a possibility but not counting on it. No matter when the drop escalates it will do it soon. Either today tomorrow or even Friday.


I expect a minimum of 20 SPX points down by close today. if wrong i lose more money than i want to.