Posted by: thapap May 7, 2009
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emini,
thanks. it seems like the uptrend is so vicious and herd are chasing it. it keeps going up. i wish we were back @87 (O: ....
i just rolled my 90 MAY CALLS to JUNE. it was painful to watch it (O:
900; 920 went like a knife on a butter (O: ...
now i don't even see much resistance meaning 925 can act as a natural resistance but seeing the trend its hard.. all the bad news are getting spun into good. i gotta admit the administration has done a superb job. i see another resistance @ 931 and if that is breached over by friday's unemployment number i will roll other calls as well.

seems like friday's unemployment number will be fudged with tons of seasonal worker (O: . this is that time of year. but i can almost be sure we will hit the unemployment close to niner. i don't know how the media gonna spin it. Week 9(nine) next week gonna be interesting. [ we never had 9 straight weeks of gain even in bull market without correction ] and seems like we are in unprecedented time (O:
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