Replies to post #31 on SP500 (SP500)

[WovenO2]

IMO After SP and Dow break 1800/16000 and maybe "melt up" another 20/100+ points...

7-10% correction then melt up continues into next late first quarter next year as the remaining cash on the sidelines comes into play, starts seeing a 7-12% return...then BAM! OUCH... We get the big one.

Better (healthier) if have more than 10% correction this year.

...no...I don't see a bear market coming for at least 5 months...

[WovenO2]

[~ NT ~]

Axfm, O2, did you guys ever play HAL$ ? I told you about it when it was way lower. Made 52 week highs recently. I don't have any positions now. Waiting to get back in a while.

I had a general question for you both. For the futures or any other stock, do you guys play the stock itself or do you play options ?

I ventured into options lately and had good success. So that's what I play nowadays.

The overall markets are making highs after highs. It's been a while since I analyzed the chart for the indices. I remember the govt shutdown period being a good entry for the plays on my watch.

Good luck.

P.S. TSL$ gonna be very volatile. If u play it both ways (slightly ITM puts and calls at the same time) you may come out with an overall profit. I don't know if this strategy has a name to it, but one is gonna be a multibagger and the other ones is headed to zero. So overall profit. That's a trade idea that came to me. I don't follow NO$ anymore. I remember playing that one with you guys. It started moving 'less' for my liking so . . .