...but far from the game being over... Norm, despite your early entry into BBT in front of what i was calling for a lower index move, i still think your year-end rally will save your trade, and going into next year i think the stock market will be still strong despite some of the scary news as of late -- to me, those news items are not anything that i didn't already anticipate nor derail more strength for the equity markets -- if you were smart enough to write covered calls and keep your cost basis low, then you'll just make that much more on the next leg up of the stock market

maybe you exited the trade at near break-even or minor small loss, i don't know, but there is no real damage if the entry has not exceeded the 10% drop rule of reconsider the position and establish a decision that is livable -- BBT may drop lower, and if the S&P 500 INDEX LEVEL does go toward the 992 area, i would think i will be reversing out of the short and going long -- i am talking about the INDEX, not the BBT stock specifically -- i do not want to give you the impression of false pretenses that i know the pattern of BBT