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NC | 1st you offered the following post, stressing "Watch the markets after the 4th ussually the trend is established"
Posted 6/30/2010 18:50 (#1256052 - in reply to #1256030)
Subject: Re: 4th of July........ Quote Reply Alert
SW MN
Watch the markets after the 4th ussually the trend is established. ANY little hicup, or talk of a hot dome will send this market screaming. I would not have said this before the report which was extremely bullish. Even with a 167 crop the carryout will be down to 1.1 billion.
My biggest desicion now is wether to keep my bought puts and sold calls done at the highs a while back or cash them in and let it ride.
Edited by Mlebrun 6/30/2010 18:53
but now you are calling what happened after the 4th of July a "Perfect bull trap"..............can you elaborate on why you had such the change of conviction? thanks
Posted 7/19/2010 21:17 (#1279934)
Subject: Perfect bull trap Quote Reply Alert
SW MN
They suckered them in now they are losing there arse.
Today was a perfect example why one sells in increments on the way up with a disiplined aproach.
Edited by jde 7/20/2010 09:25
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Mlebrun a question?
