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To: Galirayo who wrote (9639)12/17/2008 11:08:08 PM
From: skinowski  Respond to of 41573
 
I think we are in the 4th looking from October of last year. I have no idea at this time how it will play out. I am long SSO, which is doing well. Trading swings and scalps on SPY - when I'm home during the days. Long some others. Went long ABB at around 10 bucks... selling some options, especially DIG. Losing money on energies, of course.

Trying to figure out WHEN will be the next serious down move take place, but I don't want to force it. Waiting for it to come to me. As you remember, the 2nd - from March to May - was also a pain in the arse to trade, but at some point it did tip its hand.