Is SPY due for a Pullback?

Discussion in 'ETFs' started by cactiman, Jul 16, 2013.

  1. Got out with a loss yesterday at 169.31, after 5 down days in a row.
    Running out of time on the October PUT, and like you say a bounce is likely.
    The idea was OK, but my timing was off - entered at too low a level.
    :(
    Buying the PUT near 170 and selling it near 162 was the ideal trade.

    Futures up so far this morning...
     
    #41     Sep 26, 2013