getting back over 1538.50 for more than a quicky I'll have my doubts...and will be closing out my puts.
http://stockcharts.com/c-sc/sc?s=$SPX&p=15&yr=0&mn=0&dy=21&i=p79092637535&a=89430406&r=9889.png
Ugly close..
Started by
eminimee
, Oct 17 2007 02:07 PM
3 replies to this topic
#1
eminimee
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- TT Member
- 14,307 posts
I don't care who's fur is flying...
Posted 17 October 2007 - 02:07 PM
#2
Shazzam
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- Traders-Talk User
- 258 posts
Member
Posted 17 October 2007 - 02:32 PM
fxi and eem have been up all day, ndx flying. how can broad market go down when specuation continues?
#3
denleo
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- Chartist
- 3,097 posts
Member
Posted 17 October 2007 - 02:38 PM
I agree with Shazzam here. FXI is up almost 10%. EEM is up. NASDAQ and NDX are up on negative breadth (this is the way it should be during speculation). And the market is down 5 out of the last 6 days. And we have expiration coming up where we need to make sure that puts we wrote will expire worthless (just like God intended).
I am selling more naked puts here.
Denleo
#4
Russ
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- Traders-Talk User
- 7,200 posts
Member
Posted 17 October 2007 - 02:53 PM
Is it an ugly close? 
http://stockcharts.com/c-sc/sc?s=$INDU&p=D&yr=0&mn=3&dy=0&i=p36123257461&r=1680.png
http://stockcharts.com/c-sc/sc?s=$INDU&p=D&yr=0&mn=3&dy=0&i=p36123257461&r=1680.png
"Nulla tenaci invia est via" - Latin for "For the tenacious, no road is impossible".
"In order to master the markets, you must first master yourself" ... JP Morgan
"Most people lose money because they cannot admit they are wrong"... Martin Armstrong
http://marketvisions.blogspot.com/
"In order to master the markets, you must first master yourself" ... JP Morgan
"Most people lose money because they cannot admit they are wrong"... Martin Armstrong
http://marketvisions.blogspot.com/
