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Strategies & Market Trends : The Residential Real Estate Crash Index
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To: patron_anejo_por_favor who wrote (247514)5/10/2010 11:09:54 PM
From: Dan3Read Replies (1) of 306849
 
Placed some lowball orders for June SPX puts for tomorrow. Maybe this rally will carry through for another day and the order will fill. I almost hope it doesn't, since I'm not convinced that the market won't plateau for a while or even keep rising if it has another good day. But I think it's more likely that this bounce won't last very long. Trouble with puts is that if the market stalls, for a while, the puts become worthless and the investment is lost (duh!)
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