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Strategies & Market Trends : VOLTAIRE'S PORCH-MODERATED

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To: Dealer who wrote (63157)2/9/2006 12:30:40 PM
From: RR  Read Replies (1) of 65232
 
Hi Dealer! Hope all is well.

I know what you mean on closing positions. I've had to work on that myself in the past. That's why I tell myself not to get greedy, just take some profit and run to the bank. Now I find myself sometimes opening a position too early.

I closed the SPX puts on Tuesday. Made about 5 points. I closed it too early. Left 2-3 points on the table, but that's OK.... can't get greedy.

Closed my energy longs a couple of weeks ago and re-entered a long position in VLO yesterday and Tuesday, the June 55 calls, VLOFK.

RR
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