I don't recall a long futures being mentioned
but the 950 calls almost tripled so you would have easily met your 40%
objective where you said you'd exit.
Since model A (not sure how many there are?)
indicated a net change for Mon/Tue of this week on ES of
-45 while the actual net change has been
+73, is this model still deemed valid?
----- Original Message -----
Sent: Tuesday, October 28, 2008 7:34
PM
Subject: [RT] market forecast
since the max upside for this week is
43.75(model A),
and our multiplier based on VIX have decreased
to 2.75,
the max left for this up move is 28 sp
points,
that said, i would use any strength to
bail out of my longs
tonight i already got stopped out of my futures
long,
when sp was down 8 points
and stay away until Fri.(too
much involved with FED announcement,,
this was a whole week of gains in one
day,,
if a short develops, i will update
nice day
Ben