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Strategies & Market Trends : ajtj's Post-Lobotomy Market Charts and Thoughts -- Ignore unavailable to you. Want to Upgrade?

To: Lee Lichterman III who wrote (82247)	10/20/2023 11:45:17 AM
From: Qone0	1 Recommendation Recommended By Lee Lichterman III Read Replies (1) \| Respond to of 97805

ES is 25 points higher than SPX

To: Lee Lichterman III who wrote (82247)	10/20/2023 11:50:07 AM
From: Lee Lichterman III	1 Recommendation Recommended By catou1 Read Replies (1) \| Respond to of 97805

I have no self control. Doing my first potential swing trade in months unless I get good gains by end of day. Bought SPY 422.xx and sold Oct 23 422 calls short for 2.9. Normally I would sell out of the money calls for more potential profit but since this is a gut trade, I went for a tiny bit more downside protection. In the back of my mind, I recall I was looking for 420 SPY for some reason sometime in the near future but don't remember why. This call should protect me to there. If it overshoots, I roll out. I'm split on tax loss selling pushing stocks down in the months ahead and seasonal/my algorithm charts showing a November rally. I might regret this. LOL Knowing me, I'll chicken out and take any small profits during today.