Monday, July 2, 2007

Dive, Dive Dive!

I'm back into full money losing mode, er I mean I have my full bear call spreads in place. NDX 1975 (short) 2025 (long) & RUT 850 s 860 s 880 long. As always, the front month to take advantage of decay. Not always the best play FWIW. If I get a buy signal I will cover 1/3 this morning. That seems likely, and I will lose some money on this one.

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