10-31-2011, 12:13 PM
Grieve Wrote:I bought some QQQ puts today. Even though the market was already down a lot when I bought, it feels like the market will sink lower after the big rally last week. I still think the market will end the year a lot higher, but I don't think it will be a straight line higher.
Yea I think there is some profit taking and some slight nervousness on euro still. Incidentally my bracketed order for my TZA accidentally had a good for day order. So my TZA never sold. So Friday I put in a sell with $2 trailing stop at the end of the day. Recovered some today, so a little happy. It would be nice if this would pop to 32ish so I can get out with no loss
Agree on market being up through the end of the year. The next thing we are gonna start hearing about is holiday sales projections.
Maul, the Bashing Shamie
"If you want to change the world, be that change."
--Gandhi
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"If you want to change the world, be that change."
--Gandhi