Taking a 28 point profit on SPX options strategies. See entry point during the last hour of June 4th.
It is not easy, but somebody has to do it.
Denleo
Taking a profit
Started by
denleo
, Jun 07 2007 08:43 AM
8 replies to this topic
#2
NAV
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Posted 07 June 2007 - 08:51 AM
Taking a 28 point profit on SPX options strategies. See entry point during the last hour of June 4th.
It is not easy, but somebody has to do it.
Denleo
Nicely done. Yes, someone has to do the dirty/immoral bear job.
#3
jjc
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Posted 07 June 2007 - 09:03 AM
immoral. no; It's helping to keep the markets efficient.Taking a 28 point profit on SPX options strategies. See entry point during the last hour of June 4th.
It is not easy, but somebody has to do it.
Denleo
Nicely done. Yes, someone has to do the dirty/immoral bear job.
#4
peregrine
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Posted 07 June 2007 - 09:03 AM
Knowing that you rely on a broad array of inputs/indicators... I would like to ask if there is one in particular that caused you to cover at this point in time ?
I covered and went partially long yesterday...and though the longs were green EOD, I spent the majority of the day yesterday second-guessing my own judgement.
Thanks.
P
#5
denleo
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Posted 07 June 2007 - 09:08 AM
Knowing that you rely on a broad array of inputs/indicators... I would like to ask if there is one in particular that caused you to cover at this point in time ?
I covered and went partially long yesterday...and though the longs were green EOD, I spent the majority of the day yesterday second-guessing my own judgement.
Thanks.
P
I covered this morning because hourly indicators got oversold and I don't think we are going into freefall.
Denleo
#6
hiker
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Posted 07 June 2007 - 09:12 AM
Dennis,
what reasons make you think little downside ahead? just curious. Is it simply what the market has trained us to think in recent mos. or something else that makes you think most of the downside is in?
#7
denleo
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Posted 07 June 2007 - 09:18 AM
Dennis,
what reasons make you think little downside ahead? just curious. Is it simply what the market has trained us to think in recent mos. or something else that makes you think most of the downside is in?
I think you misunderstood me. I simply don't know what happens next short-term. Nothing will surprize me at this point, therefore I took profits.
Denleo
#9
da_cheif
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Posted 07 June 2007 - 09:54 AM
atta boy....snortimmoral. no; It's helping to keep the markets efficient.
Taking a 28 point profit on SPX options strategies. See entry point during the last hour of June 4th.
It is not easy, but somebody has to do it.
Denleo
Nicely done. Yes, someone has to do the dirty/immoral bear job.
