i know it's foolish to call tops,it's not if you manage your risk,but i think we are in the who shit the bed bernanke turn here and this could be a big drop, not a pullback
pretty scary how RIGHT that sounds...... i'm in vix futures switches that could really hurt me if thats the case.. other then that i'm taking very small mean reverting upside risk.. i don't even know how to put that.. if the bottom doesn't fall out of it i'll make money .. if it does my head isn't chopped off.. as you say.. "manage your risk"
http://www.forexfactory.com/#detail=45862 imf meeting tonight, they will hopefully come up with some more kick the can remedies, if it turns to finger pointing,then they have lost the can
Perhaps you're right, I might regret getting out. I was just carrying to much risk on that GOOG fly relative to the rest of the account. I did add to the Oct AAPL fly near the close.
Ugh didn't work. Out at 1435.75 (around the close). Flat now, only carrying some deltas in the AAPL position.
Quick question for you guys Trading AAPL.. would you rather be long the 10/12 -10/19 650 call calender for 6.00 or long the 10/19 650 680 1x2 call spread for 5.40 I was in the 1 x 2,but am wondering if I am better off in the calender