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Strategies & Market Trends : Galapagos Islands
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To: quote 007 who wrote (14297)11/25/2002 5:01:10 PM
From: Oral Roberts  Read Replies (4) of 57110
 
To be brutally honest I sold spx puts within dollars of the exact bottoms on both major dumpages this year. I reversed to calls within dollars of that. I rode the first days of these massive bear market rallies and then sold those calls because we were topped and then begin buying puts to take the next wave down.

Need to think along the lines of trailing stops when a position is in my favor and not tricking myself into being brilliant. Perhaps trailing stops and golf or something is the key because both of those opportunities this year were very plain and then very squandered by me.
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