Plop Fiz Relief

Do you remember the jingle, "Plop plop fiz fiz oh what a relief it is?" Markets seem to getting ready for a sell off and I for one think it will give the short sellers some relief.  History may be on the side of the more cautious investors. According history February tends to be the worst-performing month for the S&P 500 since 1928, with the index falling nearly half the time during the month.

As fiscal talks between Congress and the White House build to a crescendo, that could provide the excuse an overheated market needs to retrace.

So how did SLOW MONEY OPTIONS do for the week?  I had announced 3 trade recommendations.   A 4% on the SPY trade. On the two AAPL trades 10% on the put spread and a 4% on the put spread.  I could have closed out or rolled the call spread but I continued watching and following the charts ans the time value was eroding and felt compelled to stay the course and by 1 am Friday it proved correct strategy.  Remember always do the more conservative spread is the reason that I give you choices.  What I do is take all my recommendations just split the money between choices. You can trade just enough to give you an extra days results of trading or trade enough to give you a weeks worth of trading.  The choice is yours take responsibility.

I am trading weekly options to help you grow your portfolios a little each week. We are either making money or not losing money.  Thank you for letting me serve you, I consider it a privilege to work with each of you.  I strive to make a successful trade one week at a time, 

 Are you making money? If not why not trade with me. Remember the goal is to make money NOT lose money . . . Duh . . . . . . . Take a look and see how Slow Money Option Trading went https://docs.google.com/spreadsheet/ccc key=0AjgjBJLwH3rdERid3A0RE1GRFlyaHB0S0VxbHc0Vnc&authkey=COb7xdMJ 

Remember if your not a paid up member of the Fast MoneyTradingTeam you will not get the weekly Slow Money Option recommendations. Yes, I expect to publish Wednesday,Thursday or Friday my weekly option trade to the paid up members.