Wednesday 7 March 2012

iwaiting..for cheaper iputs


Hi everyone.

We're getting kinda close to my target re-short zone of 1355-60.

I'm going to try to give it a few more hours until I start whacking buttons.
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Regardless, the puts I want are -18% so far..so, thats kinda a nice discount already.

Good wishes....more later!

ps...if only I had $1 for everytime I heard the term ipad today. urghhh


update...1pm EST.
ishorted:

back in IWM Puts...@ 79.40 level.
The fact my VIX low side target of 19.50 was hit is added bonus,
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Maybe I am early (sure wouldn't be the first time), but buying puts after they are around 20% cheaper is pretty reasonable.
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So..now I wait.