it took awhile for things to settle upward. but ben did it. in the end, he did somewhat stabilize things. now earnings reaction will not be as exaggerated. i am unsure whether that is good or not (especially for bears).
i had everything green for awhile, but failed to close positions, especially WFC, thinking weʻll have another bad day tomorrow. so now i am back in the negative. *sigh*
i allowed things to melt up without placing a single call at the moment. not smart...
i bot a bunch of stuff mostly at the end of the trading day, still leaning on puts:
MOT feb12, IWM mar63, SYMC feb15, WB feb25(dumb)...
MOT & SYMC i think are just fundamentally in trouble, it was a market trade but pure earnings. IWM may have been a bad idea, with the Fib bottom at this tier @ 63... then again, i think we go lower past Feb.
AAPL feb135 & call(forgot which strike)... i think trading AAPL again may cost me, but it seems that conservative guidance has been the hallmark of AAPLʻs stock movement. this one stock could lead a mini-rally or bring things right back down again.
To those who visit Timʻs site, doesnt he owe Ben big time for bailing him out of his NDX calls? i think so... funny, he flips right around and buys NDX/RUT puts. he is after all a bear.