They were showing said movie on Showtime tonight…seen it before but watched it anyway, and I’m still impressed with how good it was.  IMO, a much underrated noir thriller, with a nice twist or two at the end.  Even Dane Cook is bearable in it, while Kevin Costner gives possibly his best performance ever.  If y’all haven’t seen it, I highly recommend it…

“<i>Finding someone you think would be fun to kill is a bit like, well it’s a bit like falling in love. You meet a lot of candidates, and you like some of them, and they’re nice. But they’re not right. And that special one comes along, and your heart beats faster, and you know that’s the one.</i>”

And speaking of thrilling…that’s what the put/call ratio has been the last few days.  After sitting dormant for many weeks, it has now given 2 signals in the last 3 days.  Today, it fell back down to 0.87, which is once again close enough to give a contrarian entry:

The trade from Monday’s signal was closed today (via the trailing stop) for essentially no gain (i.e. just enough profit to cover commissions).  Could’ve had some profit had I held to the end of the day…but I was following the rules I had set forth for myself (especially with this being the first ‘for reals’ trade in the system), so I’m happy with the result.  The updated spreadsheet for the put/call ratio trades is below (5W, 2L):

Interestingly enough, cuervoslaugh’s Deucey-SPY system has also fired, and bought some SPY Jul’09 90. calls at today’s close.

Due to this dichotomy (and the upcoming holiday weekend), I’m playing along just virtually in both systems right now.  So essentially I’m sitting on a (virtual) 90/94 SPY strangle heading into the weekend – this would need some serious volatility to become truly profitable.

Unfortunately, we will also forgo the usual individual items column as I have not done any research whatsoever on it.  I’ve been busy most of the night preparing for (and getting all required IDs/etc ready for) tomorrow’s citizenship exam.  I’d hate to be the idiot who fails to pass this most basic exam.

My favorite question, bar none (from the 100 potential ones), is “What did the Declaration of Independence do?”…ummm…bound us in eternal servitude to King George??  LOL.  (For those interested, the full list of 100 questions can be found at the USCIS website.  You should _easily_ pass these.  Afterall, you (most of you, anyway) are already “part of the club”.)