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:

  1. Anonymous1/06/2010 02:37:00 PM

    If we go down this time, looks like we'll bounce off 1117 or 1118

    ReplyDelete
  2. Market Owl1/06/2010 02:45:00 PM

    This is just a daytrade, I am already having second thoughts now that we've busted to new highs...

    ReplyDelete
  3. Anonymous1/06/2010 03:00:00 PM

    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.

    ReplyDelete
  4. Anonymous1/06/2010 03:03:00 PM

    3 cents LMFAO.

    I'm holding. I don't care

    ReplyDelete
  5. Anonymous1/06/2010 03:46:00 PM

    Gap up or gap down tomorrow. SPY not responding like minor indices.

    ReplyDelete
  6. Anonymous1/06/2010 04:10:00 PM

    Who the fug knows. I'm long EDZ

    ReplyDelete