Post by cosmic on Jun 14, 2011 15:14:44 GMT -5
I changed my vote last night because of that stupid SPX chart that we did that showed we really needed to put a big green day in here or lose the trend. This move gives us a little waffling room for the next few days. I don't really think the market WANTS to lose the trend. 
Now, if that's the case, then calls are going to be the way to play the pullback here, because we're going to need an exceptionally hard rally. I bought a few SPY calls for July in anticipation of said rally. We really don't have much of a choice. I'll post the chart later.
Hope everyone made some money today and will do so tomorrow. Members, please post your results along with your RDA of smileys!
Now, if that's the case, then calls are going to be the way to play the pullback here, because we're going to need an exceptionally hard rally. I bought a few SPY calls for July in anticipation of said rally. We really don't have much of a choice. I'll post the chart later.
Hope everyone made some money today and will do so tomorrow. Members, please post your results along with your RDA of smileys!
in the opex contest.
