SPX Credit Spread Trader

Discussion in 'Journals' started by El OchoCinco, May 17, 2005.

  1. You don't like JUMP! LOL....


     
    #4391     Mar 17, 2006
  2. We spend the summers in Poland each year. It is much more affordable, but it has its tradeoffs. Food seems to be much more expensive, but living expenses are much less.

    I love Poland, and if someone told me I had to pack up the family and move, it wouldn’t break my hart one bit.


     
    #4392     Mar 17, 2006
  3. That's a really nice skyline!

    Costa Rica is nice too.

    By the way, is anyone suspicious of this SPX breakout?



     
    #4393     Mar 17, 2006
  4. Ahh, good 'ol 1986 - nothing better!

     
    #4394     Mar 17, 2006
  5. The more I think about it, I thinki it was 1984

    Where DOES the time go?

     
    #4395     Mar 17, 2006
  6. Not yet, after 3 large up days, a sideways day like today going into the weekend seems normal. Also normal would be some sort of pull back to the support line which marked the breakout.

    Over the course of next week, if we pullback but stay over 1300 and even 1295/97 then resumption of the uptrend is likely.

     
    #4396     Mar 17, 2006
  7. I'm with coach. If we stay over 1295 on the pullback, I don't want to get run over by the bull stampede. It seems to me that everyone has really high hopes about keeping this growth going and yesterday's CPI showed the first signs of slowing inflation. That's why I'm starting to get a little nervous about my bear calls.
     
    #4397     Mar 17, 2006
  8. ChrisM

    ChrisM

    Well... it is not bad, but as I`ve been back here for 3 years now I feel that it`s time to go now.

    Besides expenses I have made few nice contacts within young investment industry here, so I publish option and trading articles here, take part in meetings and seminars etc..

    Internet is pretty good, about $30/mo, cellular communication is very good and very popular.

    On downside there are many things, so it is all relative. I don`t fit in here any more ... I understand the language but not necessarily the people here :D
     
    #4398     Mar 17, 2006
  9. I lived in Korea for about 2 1/2 years. I speak the language very fluently but I will never be able to fit in over there. They just don't think the same way I do.
     
    #4399     Mar 17, 2006
  10. ChrisM

    ChrisM

    I estimate strenght of the trend watching corrections, so I am on your side. Cheap calls tell me that market has some more margin for little more surprise.
     
    #4400     Mar 17, 2006