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Strategies & Market Trends : Buy and Sell Signals, and Other Market Perspectives -- Ignore unavailable to you. Want to Upgrade?


To: penthouse mike who wrote (31356)4/26/2012 1:37:51 PM
From: GROUND ZERO™  Respond to of 222736
 
Yes, I most definitely am holding, in fact I added some early this morning on the opening... my plan this time is to hold and not do anything until I get a legitimate sell signal... but, if you're a little uneasy, as I also feel this time around, what I did was write some at the money calls for May on more than half of my position... this way, just in case something funny happens, I have some downside protection, and I'm just letting the others run with the market... when we reach a major VP, then I might write calls on the remainder...

GZ



To: penthouse mike who wrote (31356)4/27/2012 9:11:11 AM
From: GROUND ZERO™  Read Replies (1) | Respond to of 222736
 
If we get to 1405.10 this morning, then I will write at the money calls for the rest of my longs... just to let you know... I'm not at all suggesting you do anything at all, I'm only telling you my plan because you asked earlier...

GZ