4 replies to this topic

[denleo]

We are back to an environment where every little pull back is being bought. I am actually surprized there was a pull back this morning. 2007 correction is over. I am fully long. Selling puts to collect premium. 1400 SPX puts are fat. Selling lots of them. There is zero probability we will see 1400 again before April expiration. I don't even think we will see today's lows ever again. Buying a few stocks too: Haliburton. They reported bad earnings and as the biggest defense contractor moved to an Arab country. This deserves respect. Also buying CFC (mortgage company). Denleo

[Bandit]

We are back to an environment where every little pull back is being bought. I am actually surprized there was a pull back this morning. 2007 correction is over. I am fully long. Selling puts to collect premium. 1400 SPX puts are fat. Selling lots of them. There is zero probability we will see 1400 again before April expiration. I don't even think we will see today's lows ever again.

Buying a few stocks too: Haliburton. They reported bad earnings and as the biggest defense contractor moved to an Arab country. This deserves respect. Also buying CFC (mortgage company).

Denleo

Keep up the great work--Denleo!! Right there with you!! 1550 or bust!!

Bandit

[Russ]

The break away gap above 1440 spx has not been filled yet, it it gets filled you could be right.

[.Blizzard]

Just linked your "no risk" post It's a reminder.... just in case you change again your view in a few days

[arbman]

If you do not exit those longs by early April, you will close them for a loss in May.