Friday, June 05, 2009
Back In The Game
Its been a while since my last post. My fault I am sorry.
A lot has happened to us since my last post. The last play lost, our first loss in two years. The total loss was $1.90.
We have now just got back in the game for the June cycle and we have a full condor on for $1.62. The reason we are back on with the condors is that the markets appear to have calmed down. of course this could always change with one big negative news story but that is why we have stop losses.
The SPX is currently at 942 and is now trading above its 200 day moving average which some people see as bullish.
We will have to wait and see.
Until next time.
A lot has happened to us since my last post. The last play lost, our first loss in two years. The total loss was $1.90.
We have now just got back in the game for the June cycle and we have a full condor on for $1.62. The reason we are back on with the condors is that the markets appear to have calmed down. of course this could always change with one big negative news story but that is why we have stop losses.
The SPX is currently at 942 and is now trading above its 200 day moving average which some people see as bullish.
We will have to wait and see.
Until next time.
# posted by Paul @ 4:50 AM 
