mpulley
Long

Going with the bulls

SPCFD:SPX   S&P 500 Index
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My target point was met, so I sold my puts. I've switched to longs. I think in the short-term this market will become bullish . Overall, I'm still bearish .
Comment: Wow, that's my first post from my phone. What a crappy picture!
Trade closed manually: Strong start but failure to hold, so I'm out.
...on the long
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can i ask. what's your target?
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mpulley yogamarc
@yogamarc, I'm actually trying to figure that out now... I'm currently guessing around 2500 on SPX (+/-10).
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mpulley yogamarc
@yogamarc, I'm looking to see how strong the rebound is too. Some good news wouldn't hurt right about now :)
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@mpulley, thank you ... I'm in long as well for now . If you get a different idea bout the target I would be grateful. It actually touched bottom where my false H&S was projecting :-)
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mpulley yogamarc
@yogamarc, will do. I am disappointed with the rebound. Pretty weak. I normally would sell at this point but I'm going to gamble here and wait it out a little bit.
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