4 replies to this topic

[eminimee]

bought some oex aug 660 calls ...and long ES at 1436...stop at 32.50

http://stockcharts.com/c-sc/sc?s=$OEX&p=5&yr=0&mn=0&dy=5&i=p63856608286&a=106624082&r=6081.png

Edited by Teaparty, 14 August 2007 - 01:15 PM.

[hiker]

just curious if you feel like answering... what made you decide to discount the "price collapse" potential that you mentioned in a prior post as the reason you were not positioned either short or long at the time of that post? trader instinct and measurable risk management? OR something you see on the chart that negates the odds of price collapse at or near the weekly SPX rising channel topline?

Edited by hiker, 14 August 2007 - 01:24 PM.

[eminimee]

trader instinct and measurable risk management...more the latter.

[eminimee]

Moving stop to 31.25

[hiker]

thanks much, Tea.