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Globex 10-13-08


Still looking for a low of some sort around Tues -Wed. Now i see that 'wacko' Cramer is starting to say the same thing. That makes me nervous but ill stick with my opinion ,for now.
covering here
covered 927.00...plus 2.25 twice.. up one handle
proj. is 919-920 area
selling one at 928.50
short ..928.50, 2.5 stop
probably exit in the 925 area, tho much lower would not surprise me
they got me!.. down 1.5 on the session.. watching
I want to get short at this 929 area...( S&P 's up plus 38 points)sure wish we had some better way like an option in the european markets or wherever......not in the mood to watch the overnight and the Monday holiday, so much to sacrafice for these overnight moves

Joe: Why do you want to buy puts at 975 area.......
sigh.. note to self... your stops too tight in a volital market!
Iknow , Bruce ...after i get back to even ill probably watch the ballgame. selling 2@ 926.25
ALSO THE PEAK AT 949.75(5 MIN. ) TRAVELLING TO 939.75 BEFORE MUCH INTERUPTION.