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Strategies & Market Trends : John Pitera's Market Laboratory -- Ignore unavailable to you. Want to Upgrade?

To: Poet who wrote (12171)	3/18/2009 9:52:51 PM
From: Stoctrash	Respond to of 33421

Poet, I did pickup a few SPY puts after we hit the 800 level, but was too chicken to hold much long today even though I had the right idea. Some might say fighting a Trillion $$$$'s of spending is nuts, but I think it just shows the desperation on the FED's part. The Dollar thinks so and so did Gold. Selling the fact here might also be smart since the we've been hearing about this news for weeks. We'll find out in few days as I could be totally wrong and we run to 850 tomorrow <GGG>. If that's the case I'll be stopped in to ride....scared but I'll ride!! <GG>