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Strategies & Market Trends : Buy and Sell Signals, and Other Market Perspectives
SPY 690.270.0%Dec 26 4:00 PM EST
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To: GROUND ZERO™ who wrote (7777)7/21/2010 11:29:13 AM
From: Fintas2 Recommendations  Read Replies (1) of 220707
 
Thanks Gz. As for the rough bout the big match is coming up soon. Yet here and now I'm just ENJOYING reading your board.

You write very well and I understand your projections up and down while adhering to your strategy and system.

And it's a good system for it allows you to be flexible until you get your confirm.

I tend to ANTICIPATE directional moves and exploit either by use of writing covered calls or going long with leaps as I hold core long.

Here and now I'm holding core long in a handful while buying 2012 leaps. That supports my belief in upside of spx 1180 and eventually the spx 1324. Yet as we hit upside resistance as an ex spx 1180 ish as we did at spx 1216 ish instead of going short I'll write the covered calls as I anticipate the pullbacks. I recently did that with a couple of my core.

So your views are helpful to me for you aren't just shooting from the hip or doing hype but you base it many pieces of data.

The same would apply re my respect for Humble and the chief's board. I respect both of them and also enjoy reading their boards for there are some very talented folks on each.

Good luck with your trades and Be well
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