Red

My basic question is: let's say we are at 1225 by May and i think we will be at 1100 by November……………what puts would you buy in may and how far out?

Thanks Red

Carl at day’s end:

1st 1161-1175 estimate today for /ES (14 points)
2nd 1156-1175 estimate today for /ES (19 points)
3rd 1161.25-1175 estimate today for /ES (13.75 points)
1161 -1168.75 actual today (7.75 points)
Nailed the low twice.

Trades:
In /ES at 1162.75 yesterday, sold today at 1166.50 (gain of 3.75 points)

Grade B (made some money)

surprise surprise!

Not today. 🙂

Here comes the EOD ramp. Lordy lordy.

Yahoo Finance's top story today:
http://finance.yahoo.com/news/White-House-Steps…

“The White House believes there's a short window of opportunity to get this done”

I wonder why that is!

Grateful for the explanation so I don't have to wonder as much. Thank you for everything. I will try not to ask so much questions 🙂

SPY trendline that held the market in January has held the market for the last 9 days
http://www.flickr.com/photos/47091634@N04/44607…

I hope they have bottomed

I can't find any information on that. DRV and DRN had dividends this week.