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Last Minute Channel

Last Minute Channel

by The MoleMay 20, 2009

3:10pm EDT: I just loaded up on a bunch of SPY and QQQQ put butterflies – lottery tickets but this tape looks like it’s ready to take a deep dive.

The fun probably starts around 902 – we breach that and this thing should accelerate nicely.

3:34pm EDT: This is getting interesting – this thing is deflating faster than my last soufflee.

If we can actually crack that Cubes channel then there might be a lot of fun ahead of us.

Let the games begin. I hope this thing holds into the close – that would be step 2.

About The Author
The Mole
Mole created Evil Speculator amidst the chaos of the financial crisis in early August of 2008. His vision for Evil Speculator is a refuge of reason, hands-on trading knowledge, and inspiration for traders of all ages and stripes. You can follow him and his nefarious schemes at the usual social media waterholes.
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