Friday, October 23, 2009

10/23 Daily Summary

It was clear to me that we were moving down about 1 standard deviations, The FinViz map was bright red and the VerticalSolutions forecast was pointing to readings below the -8000 level for a good portion of the day. If I needed to make adjustments, I would have waited for a pull back intra-day and then entered the adjustments, that would avoid buying PUTs in the worst possible time.

Position's Details:
10/23 RUT Iron Butterfly
10/23 MNX Iron Butterfly

Price Action & Forecast charts:

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