Thank you kinggyppo, also that's interesting stuff on DeMark.
Thank you IV_Trader.
Thanks dipper, I bought 10. I always buy (approximately) $2,250 worth of options contracts per trade.
Trade completed, updated 2008 results year to date attached.
Sorry, in a hurry typing and forgot to mention the options were SPY puts.
Just bought May 138 puts at 2.24 Bracket set for Limit Sell: 2.80 Stop: 1.70
Thank you. Also that's a really catchy phrase, I like it.
Dipper and Xflat, Thank you for the kind words.
Update for 2008 year to date attached to reflect today's trade.
Just bought SPY 138 calls at 2.10. Bracket set at 2.65 sell limit. 1.60 stop limit. 04-16 MAY138C 1.50 1.75 2.60 1.68 2.60 2008 MAY136P...
Reply: Thanks for the positive comment. Note: Out of laziness, I wrote replies directly below your individual comments.
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