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Strategies & Market Trends : The Residential Real Estate Crash Index -- Ignore unavailable to you. Want to Upgrade?

To: patron_anejo_por_favor who wrote (247514)	5/10/2010 4:19:12 PM
From: John Koligman	Read Replies (1) \| Respond to of 306849

Patron, my short scalps on two blocks of Dell and MU worked very nicely today. Dell just sank all day long and MU had a sharp break in the morning. I'm kinda wired to often 'do the opposite', and it worked nicely today. Now if we all had loaded up long at the close on Friday it would have been quite a trade, selling on today's open... Regards, John

To: patron_anejo_por_favor who wrote (247514)	5/10/2010 11:09:54 PM
From: Dan3	Read Replies (1) \| Respond to of 306849

Placed some lowball orders for June SPX puts for tomorrow. Maybe this rally will carry through for another day and the order will fill. I almost hope it doesn't, since I'm not convinced that the market won't plateau for a while or even keep rising if it has another good day. But I think it's more likely that this bounce won't last very long. Trouble with puts is that if the market stalls, for a while, the puts become worthless and the investment is lost (duh!)