Archive for: October 2009

I charted the S&P500 ($SPX) after the markets closed on Friday, October 30, 2009 when the SPX finished the month at 1,036.19.
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As of around 2:45 pm I was down close to 1.7%, a little more than the S&P 500.  The good news is that we’re very close to the first key level of technical support I pointed to on my weekend …

It’s funny how things work sometimes.  A few days ago when I sold new EEM naked puts I commented that I was eyeing QLD naked puts too, but decided not to chase the 2x QQQQ …

I charted the Dow Jones Industrial Average (aka DJIA or $DJI) after the markets closed on Friday October 23, 2009 when the Dow finished the week at 9,972.18….

I’m not trying to fight the tape any more.  I’ve learned from my mistake of holding back while the charts weren’t saying to give up yet.  I was too bearish for too long and now I’m just along for the ride again.  …

I’m working to get a larger part of my account invested after all of my October options expired worthless last week.  One of the easiest ways I find to do that is the double the S&P 500 ETF, SSO.  I …

I was able to slip another trade in on Foster Wheeler AG (NASDAQ: FWLT) while it was down this morning.  I didn’t get in at the low, but did get in before its second run higher showed up.  After my …

I had a good month to be short options.  Every one of my short positions closed out of the money leaving me with a full profit on each one.  I could’ve written higher strikes and made more money, but opted …

I scored 86% and only needed 68.5% to pass.  Thanks for all of the good luck wishes over the past week.

I’ll write up a full summary of yesterday’s options expiration later and doubt I’ll get an index chart posted this …