w/o the S&P moving very far this week, the premium erosion on the S&P 1550 & 1575 calls has been great ! Both have eroded about 40%-50%. Is there anyone else who is selling premium as well ? It's money in the bank !
July will prove to be a golden month. It will put in full display the long term S&P double top that this thread had been predicting.
holding here with additional profits thus far, as the slide continues into the close..... still on the beach
"slide continues into the close"??? what market were you watching?? I love 100% up room to go with ZERO RISK $$$$
The DRUGS that you are on are simply amazing! What market are you watching??? INDU: +126.81 SPX: +16.08 ( took out last week's high ).
This thread has been infested w the 2 biggest parasites ET has ever seen. volente meet waggie..waggie meet volente http://www.elitetrader.com/vb/showthread.php?threadid=5285&perpage=6&pagenumber=785 My sarcastic comments "..on the beach" are taken verbatum from marketsmurf (see link) who seems to get away w making ridiculous comments like this on his journal as his shorts move away from him. See for yourself. I don't trade from the beach, and I have no positions this week. I'm enjoying the July 4th holiday. Any further anger and jealousy should be taken up w marketsmurf !