The Markets were NUTS this week. Even intraday range was crazy. It wasn’t like Wed, Thursday was trending from Open to Close. It was UP then DOWN then UP and so that drove me crazy. I could have made A LOT more money then I did, but I just paid for the education.
I could have LOST more money, but some of the large swings in the price action did trigger some of rules to get out of positions. I need to have a “extraordinary” clause to my rules, seeing that Over the past weekend, there was the news about MER and LEH, and the market did some BIG moves.
As of right now, I am in all cash. I do have a bull put spread on ROST that will expire today, thanks to today big move, it’ll close OTM and I’ll get max profits!
So, here comes the weekend to see what kind of money will be made NEXT week!
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