4:01pm
Nice ending on today, dead cat bounce just above 87.00$, will have video out before 5:30 pm today, and an educational video tomorrow by 10 pm.
2:35pm
XLF 12$ and 10$ puts were added. (total portfolio, 20% SPY 87$ puts, and 15% XLF puts)
2:29pm
Hey guys, I just got back from some work that I had to do. And I took a large SPY put position at 87.50$ ( about 20% of my protfolio) will look to add if we fake out above that level again.
3:29am
Hey guys, a lot of the market action depends on the citigroup numbers. I believe, if we ever get the opportunity to short at 87.50$ that it is the best short possible, and I will put a lot of money at that level. Do expect the market to either top out before or after 87.50 because that level is expected by many intraday traders. I would probably increase my position as we get close to it. As of right now, the futures are slightly lower, but that could change before market open.
This board is getting out of hand. We need more regulation.