Black Monday

If you are short puts you must be looking for an up market.

Why post on a black Monday thread?

 

There has been MUCH MUCH more money lost by people who closed out their longs on Friday in fear of another Black Monday and bought back later than was ever lost by those who were long on Black Monday.

 

Looks like the market may be heading down again.

 

Futures are looking very Black Mondayish, again.

 

funny that this thread was dead when we had the big selloff - tells you something about ET.

 

monday will be another great day

 

I wouldn't bet on it. I haven't been a serious short in a week but I'm taking the biggest position I can to-night. Tight stop. Just above Friday's highs. I have good reasons.

 

We'll see. Fridays close was so strong I don't see this being faded anytime soon. The Euro 8AM pump will move the futures much higher as was the case last week.

 

do share