While yesterday was pretty horrible, today was much better for my account. I added some more puts yesterday and today, IWM, more SPY, more IYR and more KRE. Needless to say my account is filled with puts.
The sooner we get out of this options expiration week, the happier I'll be and I think we should resume to the downside next week. I would like to see the market fall back to 730-750 next week, at which point I would lighten up on the puts and think about buying some calls.
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Stock Analysis for Traders and Investors
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