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Strategies & Market Trends : TOO BULL FOR SCHOOL! -- Ignore unavailable to you. Want to Upgrade?

To: zentrader who wrote (421)	6/29/2010 10:09:43 AM
From: MoneyFriend_2.0	Respond to of 880

Watch out the Vol is way high and making those calls a poor bet, better to turn them in to verticals. I have a ton of OTM calls and they are hardly down at all today because the IV spike is padding it, which means if you just buy em today they could be down some tomorrow even if the market is up a ton tomorrow. I'd stay on the backmonth, then everything is peachy. The real options play right now is flys on RUT, you can get em dirt cheap man!

To: zentrader who wrote (421)	6/29/2010 10:12:25 AM
From: MoneyFriend_2.0	Respond to of 880

p.s. 1033 has always been my magic support #, it's not that losers target, he was talking about lower dow 9000 uber bear bull chit.

To: zentrader who wrote (421)	6/29/2010 10:12:46 AM
From: JokeyJokes	24 Recommendations Read Replies (4) \| Respond to of 880

When you and the MFer paper-trade, do you use graph paper or is normal wide-ruled paper good enough? I'm assuming with all the paper trades that you guys do, the graph paper would be superior since it keeps the columns and rows of imaginary trades nice and neat.