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Strategies & Market Trends : Waiting for the big Kahuna -- Ignore unavailable to you. Want to Upgrade?

To: jitka who wrote (87423)	5/21/2009 2:21:04 PM
From: GROUND ZERO™	Read Replies (1) \| Respond to of 94695

What I do in those kinds of situations is one of two things... either, I sell at the money calls and let the market work higher if it seems it might, or just put a stop below the market and let it prove to me that the run is over by moving lower and stopping me out... of course, if you suddenly have a certain sense about the market, and that also happens with me, I just close the trade and call it a day, you have a profit... in those cases, I rely on the phrase, "when in doubt, get out"... GZ