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

To: GROUND ZERO™ who wrote (36905)	8/24/2012 12:17:16 PM
From: Wayners	Read Replies (1) \| Respond to of 218589

Delta is about .8 which is about the minimum I'll do unless I'm hedging something. My options calculator, I use ivolatility.com free calculator says they were worth $6.80 when I bought them.

To: GROUND ZERO™ who wrote (36905)	8/24/2012 12:40:30 PM
From: Kirk ©	Read Replies (1) \| Respond to of 218589

Boom, Gloom & Doom bear Faber got a lot of play yesterday about his recession call. Mark Faber Reiterates Global Recession Prediction (for Q4 2012 or early 2013) It is interesting that he was right about the market rallying after his May recession call but it didn't happen for the reason he expected, Greece leaving the EU. The chart I posted of SPX there looks like it could be trying to turn up after using his TV appearance to finish a pull-back.... interesting. I think the markets needed to test 1405ish from above.... before taking out 1419, eh?