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Strategies & Market Trends : Longer-Term Market Trends
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To: Fiscally Conservative who wrote (3048)12/16/2014 3:07:48 PM
From: Fintas1 Recommendation

Recommended By
toccodolce

   of 3209
 
Entitle.. Of course it's non sensical to you.

Your the gambler buying DRYS CALLS and holding a large % re dollar value against core after it was suggested you not do so. DUH.

But as for CRUDE.

Please.. I track BRENT and last 11/2013..

I put this up. That means I had to be able to see the 60's

" CRUDE will be lucking to get to the 68-72 and before that happens 81 has to go."





Here's the bottom line ENTITLE.


YOU GAMBLED with DRYS. That was your decision. Not only that even though you bought TIME.. you don't know what to do with it so you SOLD and took losses.




A 1 call for Jan 2016 and .56 was a good trade for 2016 JAN calls.


Perhaps you should have sat back..exploited the drop to own 1k and try for an avg of .15 from the 56.


What happens when DRYS bounces due to what ever and ya see it at 3 before Jan 16 options expiry.


RUH ROO.


IMHO


Fintas
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