I don't get offended. We need some humor too. You are allowed to laugh. I said I am the first one who correctly detected the correction. I will be proved soon. Recent crazy run-up has made our sense numb. If the trend continues, we will have 150% index gain in 2007 !! A possible nasty correction can wipe out 2007 gain in 3 days.
I thought you sold puts? Wow if you are not only not hedged, but long index/short puts you either have 1) balls of steel 2) no sense of history, or 3) not believable anymore. 2 of those 3 are not great. And I seem to recall you saying you didn't want to concentrate you're positions. Well, to me this seems pretty fucking concentrated dude.
seems to be some resistance on the spooz at the record handle? Just by mentioning this, I assume i'm a perma bear? Also the fact that eqt trdr has a thread devoted to him? Lets see what tomorrow brings.
Oh dont worry, the midnight crew will have YM up 30 by 5 am est, on 2000 contracts. Then we will spring open and rally another 30 points, then drift sideways then fall in late afternoon.
Then fun starts at around 2:00am get to bed early and wake up early an you can be in on the action. This nasty intraday reversal we be a thing of the past by tomorrow morning US time.