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SPDR Dow Jones Industrial Average ETF Trust Message Board

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  • miltonmclaughlin miltonmclaughlin Nov 14, 2010 9:30 PM Flag

    Just bought 112 Call for 90 cent. LONG is the way

    You are correct, that's why i looking for a quick pop. This is a trade i make when I see the crowd coming in too fast. We have had a 250 point drop. Market has to respond the other way for a little bit. You have to remember. Big money came in on this run. So we are due a little pop. But again you are right. I using profit to make this trade so little gamble but a smart one. If you are just getting started, I would not make this trade but I think I will make some money here. Good catch!

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