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Strategies & Market Trends : Buy and Sell Signals, and Other Market Perspectives
SPY 691.79+0.6%4:00 PM EST
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To: John Carson who wrote (88610)12/14/2016 12:54:29 PM
From: flrtrader1 Recommendation

Recommended By
GROUND ZERO™

  Read Replies (1) of 221369
 
Yes,

Covered my puts, and yes I did buy them last week and yes sold them today for a loss. Cude has important support at 52.00 if it closes under that and confirms we are going much lower. If the same above 54 is a magnet with a IT target of 60.00

As of now it is looking weak and I should not have covered my position, But that's hindsight.

Best
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