ExOdy

Looks like we are still in the trading channel of 8000-9200.

I might be adding some protection for the downside soon.

PearlwhiteS2k

8,000 is the strongest support we have here. We been testing this for quite awhile.

sahtt

whew*, I needed this rally to get some downside protection. Sold all my hedges except a little DUG going into today. Loaded up on DUG at the close and almost pulled the trigger on EEV but it needs to go a little lower in order to fit under my risk/reward strategy. I took a little off the table on all those dividend stocks I am up 10-15% on since I purchased them a few days ago. Specifically most of my MSFT with a sell limit at 23.

If you guys don't pick up some EEV/SKF/DUG whatever works best with your personal portfolio if the market continues to rally, no one to blame but yourself this time around.

cthree

Rallies in a market with a 70+ VIX aren't rallies, they are peaks; nothing but a selling opportunity. We go down 700 points tomorrow.

cthree

Then you'll really like my strategy of selling VIX calls rather than buying puts. Huge premiums, I'd rather be collecting than paying. You can get $5 for a Nov 60 or pay $5 for a Nov 50

s2kobsession

Anyone own Canadian Banks?

check this out

"
Dundee cuts RBC, Scotiabank ratings
Article Comments (19) The Canadian Press

October 28, 2008 at 10:22 AM EDT

TORONTO

PearlwhiteS2k

WTF Cutting Canadian banks rating???????

ExOdy

There should be a global non-us version of the skf

Gadunk

well took sahtt advise and bought my 1st hedge ever. got some DUG in the low $40.00

AZDavid

How is the economy supposed to rebound when mortgage rates are increasing? The quoted rate for a 30 year mortgage is above 6.3%.