ya, 1615 hit and also apple's 450 hit.
next? 

I always think such theory is BS. no offence to those believer. LOL

need your guys help on my experiment. i tested out small contract on hedging via straddle/strangle but to no avail.

Initially opened ATM straddle, then let say today Call leg is making money but Put (let say net $100). Then, the chart start to reverse or no reverse, immediately I roll up/down Put with the same delta and everything with the Call, shouldn't the profit frm the Call leg (net $100) is already locked in? However, I still see money lose even doing so due to the profit gained from the Call leg is unable to cover the bid/ask spread loss of the new Put?

Assuming the roll up/down is on the same day, hence not much decay or vega (no earnings or crazy news) involved. 

XYZ $100 -> ATM straddle let say premium $2 with $1 Call & Put each similar to above. Delta for both is around 0.50 each assuming other greeks are not much changes.

XYZ goes up to $103 -> by right not much profit, somehow the P/L showed net $100 profit. The Call delta is now let say 0.60 and the Put is 0.40, doesn't really matter whether there is a reversal or not, I want to lock in the $100 profit, so I roll up with a new Put from 0.40 to 0.60 delta, of course with 0.60 delta the strike price is also different already. But the P/L shows a loss.

I was wondering is the lost due to the bid/ask spread of the new Put or the slight vega changes (was ignore earlier) of both Call & Put? Couldn't confirm.

Really? Can you ask him how he did it? I tried a few months ago, couldn't find any loophole. How did he get past the Social Security requirement? Hope this doesn't sound like a disagreement, I would very much like to know as well  

wah aapl free fall!

UE claims dropped but it doesn't reflects on the market???

market seems to close at the lowest of the day.
nice! more bear please! 

Just read an article from yahoo talking about this bull vs 1995 super bull.
Wow....what a bull.....

Fed says may slow down on the stimulus....good enough reason to see some bear for a few days?

Apple finally has some movement. It seems 460 is its resistance.
Since it (so far) cannot breakout 460-465 resistance, the downtrend started Sep 2012 continues. The next lower lows could be 350-360?  hmm:

The dividend/buyback exercise may support it from falling further....perhaps.