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es - 9-29-08


I'm begining long campaign down at 1183.25.I may be early and I may even be wrong....but we had the low tick s and high volume thrust.....real key numbers are at the 79 - 84 area....1202 has overnight single and part of fridays key volume zone.....no doubt a hard trade to take..good luck to all today
6 year high on the vix according to cnbc
Does anyone have VIX data that far back? I don't
check out the neg divergence on the 1 min. macd. youll get your chance soon
wow, what a day added one more call at the close , same price..8.25 now holding 2 into tomorrow.
COULD BE SOME FOLLOW THRU O/N GLOBEX TONITE , but fear not .The market sent congress and the fed a strong message today!LOOK for some positive near the open tomorrow! c ya!
Joe , im going by memory dulled by 21 years but i know it never spiked that high since!(in those days i was an elliot wave freak, didnt really follow it like now.
bought some more calls, I am long quite a few NOV and oct calls.

Bruce,

I am sure you'll get it all back...
NQ down 10%
ACTUALLY, WE SHOULD HAVE SOLD PUTS TO COLLECT THE EXTREME PREMIUM BUT IM NOT VERY OPTION SOPHISTICATED.
thanks for the support.....
quote:
Originally posted by CharterJoe

bought some more calls, I am long quite a few NOV and oct calls.

Bruce,

I am sure you'll get it all back...

Thanks Charter Joe, I will work with them and ask questions along the way, if you don't mind.