Tim:
I've been following the thread from the first post. The concept is good, and will help a number of folks, including me.
For many years, I was a long time buyandhold man ...... worked fine and I have no regrets. Last year, due to SI and some superior lessons from some excellent threads, I started to devote my energies to day moves on the indexes. About 3 months ago, I started some short term position strategies, such as your thread is doing.
I know several of the posters, even though I don't know you. There will be no flames from me for any reason, and the only reason I've posted this is because you've evidenced that it's ok for shorters to post ......
I'm a trader ....... short , long, straddle, spread, etc....... makes no difference to me , just as long as I'm on the right side ...... gggg
No suggestions right now, but I'll be reading and will return .... btw --- I live mostly on the Tech Stock Option, the Idea , and the Z threads ........ and I'm an old man, so you youngsters must take it easy on me ..... ggg
I did make a few trades on the OEX today, based on my figures from the SPX ....... you , or any others , who trade the indexes are welcome over on the TSO ...... it's fairly lively and has some of the best folks on SI ........ and we do a creditable job of posting the close to real time trades ...... mine average less than a minute late because I'm on the phone and can type in it at the same time...... check us out .....
Regards ---- Nemer |