a words for bulls

oldpigwang

CNBC guest talk: this rally is short lived. buy put to hedge.

But I didn't catch their point about how far can this rally go.
YMYD.

CoolMax

Put is too expensive as hedge.

Just reduce your long position and sell into strength.

balto

CoolMax 发表于 2011-8-29 13:01
Put is too expensive as hedge.

Just reduce your long position and sell into strength.

wyjhyd

oldpigwang

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Lao Da: Vix dropped to 32, p/c still expensive?

CoolMax

oldpigwang 发表于 2011-8-29 15:02
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Lao Da: Vix dropped to 32, p/c still expensive?

Yes, below 20 is the range to play options.

shoujie

Bull won today..... ....but the play is not ended yet.....

As you can see Volume/Price ND again... bulls, be careful !!!

shoujie

The next target is fib=50%, which is 1223. (if price can't pass 1224 tomorrow, I will see a raising wedge is in the forming )

请注意: MA(50), MA(200) are continuing down.

MA(50) = Fib (61.8%) , which is 1259. Key resistance.

suancai

al67

read the chart, please. vix broke under bb medium already, hold your your long position if not strong buy, sell when vix near or touch BB low band, buy puts here is no brainer, my 2 cents.

当时惘然

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hi, CoolMax,
I am very dumb, I did not know why not to buy option when VIX is higher than 20 ?
Technicially, as per textbook, options are too expensive to buy when VIX is 20+,
but if someone buy SPY Call in last Aug or Sept, and sell it at or after Xmas, then it is very profitable deal, isn't it ?
Any thought?
thank you.

oldpigwang

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So, still have dip to buy.
All cash is not Gao hand, Missed this run.

Billyboy

shoujie

oldpigwang 发表于 2011-8-29 19:03
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So, still have dip to buy.

Not change my view yet.

No buy dip instead only short in key resistance

sunnysunny

oldpigwang

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This time, where is ur short point?