Red

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Hey Anna! You are raking it in, as usual. Bravo!

Well, I can sleep well b/c my shorts are via puts and the capital at risk is small %. The thing is, I dont want to sleep well, because I would much rather be sooooo happy that I can't fall asleep! LOL

Gere64,

I believe the probabilities are derived from the trading history. I've found people on both sides of the issue.

I really don't believe the market is a coin toss, although that would explain why things seem so unpredictable 🙂

This is not a good place to slam someone for their belief system. Everyone here gets to believe whatever theory they like most, and we like it that way.

If you really hate the statistics aspect, it's ok to say so one time, but then let it go. Easier said than done.

once $SPX loses red containment, it's a long fall to yellow
http://www.flickr.com/photos/47091634@N04/45033

Hi Red, long time no talk LOL FWIW that was a serious reversal pattern today and my take is they pin the SPY between 117.01 and 119.99 most likely around 119 for OPX. After that who knows but you just have to be nimble and know your options! I have a video on a 80% winner I did on Monsanto on http://www.hotoptionbabe.com and http://www.optionsblackboard.com

your wish will probably be granted

tomorrow if the operators park the $SPX above max containment on the 60 around 1180 you'll able to sleep easy over the weekend

ha ha!

Dear Lord Almighty. Forget the lottery, just gimme a 200 dow pts gap down day before April OpEx.

I did but ended up going back to beg for a second chance.
🙁

I hope you did not give notice at the burger joint yet.