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Strategies & Market Trends : Buy and Sell Signals, and Other Market Perspectives
SPY 690.270.0%4:00 PM EST

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To: Venditâ„¢ who wrote (45508)2/6/2013 9:03:47 PM
From: Fintas1 Recommendation  Read Replies (1) of 220698
 
A while ago, A bud of mine was UP 12 times on a call that had 4 months to go. I said to him, kick it out and take the 12 times on 1000c. He said but there's another 4 months. I said, look the target was based on x. You are there. Say bye bye. He said I want to hold and see it before I get out.

He didn't. By the time he acted he took 1 time aka 100%. He forgot if they can take em up quickly one awe crap will take em down quickly except now you fight others to get out the door.

The point. If you got it, don't wait for the beef. RUN FORREST RUN. Most can see this market is going to roll. Whether it be 2 points of 50. Why screw with it. At 1510 that is a very small % for the risk.

Same applies with bottoms. And why so many missed it in 2009.

Now so many are just trying to get a piece of what was easy back then and now it's a if ONLY I can get x for y.

OH well performance is not based on age or experience. Many play this game. Many have experience and age. Yet under perform Much of it is plain common sense.

He was UP 12 times and he misses IT. $@#$@#

Fintas
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