.buying swing +UPYMA at .15 OVER - PALM $5.0000 Jan 2009 PUT Im also trying to enter at .10 if she will fill. we sold the +cax calls at .14 today at a loss. Heww market fell like a rock and yesterday some of us liquidated a lot of positions because of the markets critical areas. now wish to refocus any buys more intensely but will be patient before making new long positions now that most of the cash is sitting and waiting in the sidelines. Today shows volatility is back, so if played right that can bring about big moves especially in options again. Not just the next few weeks for me are now looking bearish on my formulas we may now be set to test market lows again. Its hard to tell at this point because data like what we saw today slap the market down can do the same in a positive shift but were but 160 points from the all important 8k dow level. If we again see sharp pull backs in financials, solars and Autos that is the money I wish to have on the sidelines ready to accumulate in those sectors .