jraabe Posted February 3, 2003 Report Share Posted February 3, 2003 SEH and others: Here is a link to the latest Zoran S&P 500 chart (2/2/03) S&P-500-index-Elliott-Wave-short-term-view-2 Feb-2003.pdf http://csf.colorado.edu/forums/longwaves/2...3/msg00622.html Link to comment Share on other sites More sharing options...
phatbubble Posted February 3, 2003 Report Share Posted February 3, 2003 Don't laugh. ?I've got a 415, a 420, a 425, a 440 and a 450. ?Bought between 3 and 8 trading days ago. ?I sold my 460 and 470 for a nice profit. ? Before you chew my head off, I'm way up and playing with house money-Simple Guy and Doc and everyone here have been very very good to me ? ) I just don't know where to put the stops. ?The bid ask spread is massive on the options (sometimes $3-400), and I hate having to buy back in. ?TE- where do YOU put the stops on your options? hey skidd, i too trade out of the money index puts, and the stop question has always bothered me, since size of the spread and the illiquidity makes advantageous exit & reentry extremely difficult if not totally out of the question. because of that, and knowing that MMs have visibility into the orders, i use mental stops & targets. wave analysis of underlying, esp doc's anals, is extremely helpful. so is a heavy dose of intuition. general rule of thumb is that unless the larger trend seems about to be violated OR time decay is a looming issue, i stay put.....so to speak. less stress, less commissions. prtzl, thanks on that info. damn, you can't NOT learn something here every day. Link to comment Share on other sites More sharing options...
Guest Posted February 3, 2003 Report Share Posted February 3, 2003 Having said that I just about chocked when I checked these guys out: http://www.thestockmarketmonitor.com/buy_s...ell_signals.htmthey have an excellent track record and I'm VERY curious as to what they see that the team of Simple Guy, End, Piles, Brian 4, and Windy don't. See the coverage of this subject in my forum. Regards, Vesselin Link to comment Share on other sites More sharing options...
Recommended Posts
Archived
This topic is now archived and is closed to further replies.