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To: prolifefirst

Profit taking today, poossible run up to the end of the week.
This volatile market is a trader’s dream come true.


14 posted on 10/15/2008 2:05:43 PM PDT by TexanToTheCore
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To: TexanToTheCore

Are any of you Freepers with money still in the market considering going cash based on today?


16 posted on 10/15/2008 2:07:00 PM PDT by prolifefirst
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To: TexanToTheCore
Profit taking today, poossible run up to the end of the week.

No way.

I'm simply amazed at how many people STILL don't even understand what this problem is all about.

22 posted on 10/15/2008 2:13:24 PM PDT by politicket (Palin-tology: (n) - The science of kicking Barack Obambi's butt!)
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To: TexanToTheCore
LOL! "Profit taking?" What profits? Try "loss limiting."
37 posted on 10/15/2008 2:36:40 PM PDT by hinckley buzzard
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To: TexanToTheCore
Profit taking today, poossible run up to the end of the week. This volatile market is a trader’s dream come true.

The pro readers I know, one with a 7 to 8 figure trading income last year, say this volatility since Wednesday has been a nightmare to make money in -- or let me rephrase that -- EASY to make money, EASIER to lose it. Some people have gone with straddles.

There should be upward pressure into options expiration, but that is just a factor; other forces may be stronger.

46 posted on 10/15/2008 2:48:41 PM PDT by steve86 (Acerbic by nature, not nurtureĀ™)
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