PPT is running out of steam.
BTW: My buy filled at $86.86, I looked away and...oh shit!
At this point, I have both call and put options.I'm hoping that market will tank before it bounces so that I can dump the put option first.
Now you have to wait for "Christmas rally" to profit that buy. :) (no offense)
The drop accrued in sync with Erin Burnett interview of Jamie Dimon. He said he expected big losses and Nov. was really really bad and Dec. wasn't looking much better.Then Plop!
Market looked like it was moving with oil but perhaps oil rose too much too fast. It's up 12% today.
Seems like market doesn't like the growing possibility of auto-bailout not going through.