bought back all my $EPD puts the other day after g-ma yellen spoke
ended up well in the positive, havent' done the math b/c I scaled out. I trade @ $5 per trade plus 50 cents per contract on options thru scotrade ( they match prices FYI)
Missed more buying opportinuties last wk, thought the $SPY wud dip to the 202.50 level...never happened. All my swing trades are closed out for now.
@ JWAG....my opinon. oil is being driven more by the dollar now; dollar drops...oil goes up. but like you said at some point fundamentals rule everything....I still think we see sub $40 oil before it finally reverses. it has too b/c of the supply/demand. there is also talks of lack of storage issues.
we'll look back in 5/10 years and see a big U reversal on the charts, not a V.