Wednesday, January 6, 2010
A Little Sell Into the Close?
It feels too pat for the market to finish strong today, so I have taken a little sell position into the close expecting a small selloff, maybe down to 1130 into the close. Put calls are ridiculously low on the CBOE again, equity put call at 0.50. Not a huge amount of confidence however.
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6 comments:
If we go down this time, looks like we'll bounce off 1117 or 1118
This is just a daytrade, I am already having second thoughts now that we've busted to new highs...
Yeah me too. Looks like I bought too early. Either I take a 3 cent loss today or I wait longer.
But if I wait, the mkt might already have gapped down 15 points.
3 cents LMFAO.
I'm holding. I don't care
Gap up or gap down tomorrow. SPY not responding like minor indices.
Who the fug knows. I'm long EDZ
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