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Strategies & Market Trends : Buy and Sell Signals, and Other Market Perspectives
SPY 694.04+0.7%Jan 9 4:00 PM EST

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From: expiredoptions4/15/2013 2:17:31 PM
  Read Replies (2) of 221586
 
Its kind of funny and sad. Last week I shorted the markets 3 times and lost money on two of the shorts,
but still holding my short on IYT from 109.50ish (I posted this last week here).
My IYT May 110 puts have gone from 2.50 to 5.00.
But I lost -40% on the other 2 shorts (2 x -40% = -80%) and I just lost on Spy calls (-30%), so I am down
overall in the last several combined trades.
What funny and sad is that I have calling for a -10% correction since SP500=1576, so I bought puts too early,
and like a frickin' idiot I bought calls in the last few days!
My short term trading account is down in April for the first time in a long time.
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