thanks....as usual, both my statements were correct....in my newsletter, I really did have/give/time dozens of Puts given right near tops, in not only Internets, but also, many others, like, Housing, Health, high-PE, Rails, and other "PSYCLE sm" industry groups....Second, it was/is too late to buy most Puts, after the first hour or two yesterday, as most of the issues I gave out, had/have already fallen big, off their highs....what stock name is ZQN ? never heard of that one....remember, "PSYCLE sm" traders only buy, where suitable, L.T., in-the-money Puts, diversified, with no day/week trading, nor index trading ever....Last, on days like yesterday, often, difficult to actually effect some options trades, due to shananigans by floor guys, incorrect prices, etc.
I am sure you are right, that, "some" V.S.T. puts did indeed "double" during the day yesterday....but the likelihood of many people actually being able to do only just that one, and many more times in the future similarly, is very small....what I teach, can help people in all market atmospheres....
P.S. began nibbling at depressed "PSYCLE sm" stocks long, after the first hour today, as predicted in my NL.....please feel free to visit my website, via my "profile" anytime, best wishes, |
