Market comments

    Posted by lamb on 13th of Mar 2014 at 01:04 pm

    Nice move to downside

    yep the SPY exhaustion trade

    Posted by matt on 13th of Mar 2014 at 01:07 pm

    yep the SPY exhaustion trade would have worked better to hold it long, oh well.

    I did

    Posted by pjwhiteley on 13th of Mar 2014 at 01:47 pm

    I held it, because I felt the washout hadn't happened yet. 

    I bought SPY put and I Expect to close today with a 40 percent profit.

    thanks for telling me about the setup alert. 

    nice job pjwhiteley, congrats!! as I

    Posted by matt on 13th of Mar 2014 at 02:41 pm

    nice job pjwhiteley, congrats!!

    as I stated, from a statistics standpoint, the market was stretched and was due for a reversion to mean pullback, which it clearly got!

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