i considering buying some more spy puts today.. but i think i will stay on caution side.. i might buy some august puts.

we just had USO breakout, and i added more to it. i am long oil and short s&p..
i think for today, i might stay on the safer side and not put all eggs in 1 basket.

if we see a breakdown in oil prices, market will recover a bit.

singingbowl, i told ya when i got back i would have a shorting party. my timing was almost right on the money. lot of experienced traders lost money yesterday and i just feel damn lucky. putting 25% of my portfolio into spy puts. what was i thinking.. lol...

golaylee - u gotta learn on your own man. if we helped everyone learn , we will end up being full time professors. we all got busy lives here. the good news is... its easy to learn...  do some paper trades and read some trading books and follow the markets at first. that will help u understand things a little bit. and help u later.