SPY CALLS

Today I will begin making calls on the SPY. We are in an extremely volatile period in the market where large moves occur in very short periods of time. I will try and choose the best setups. There will be more calls when the market calm down a bit. The potential for being stopped out on a potentially profitable trade is much higher right now. The more volatile the market is the wider stops we will have to use. My stop order at this point will be 32 cents from the entry point due to volatility. As volatility comes down I will tighten the stop. Please trade within your means the objective of Epiphany trading is to be profitable every day. You may want to enter on half a position so you can add and there fore give yourself a wider stop on the trade. I will not buy or short the Spys until after I make the call. We are in a market that can and will make drastic moves in the next few days. Capital preservation must take a priority. In the spirit of Erik Kolodny I will only make what I think are the best set ups. There may be no set-ups or calls on a particular day and there may be 5 or 10 on other days. I will try to give some warning of a possible call. The following language will explain the calls.

1) Buy spy/shrt spy-initial call execute order and put stp in
2) Cover half /sell half- means liquidate half position and bring stop on balance dwn to around even
3 Exit- means get out of entire position wether profitable or not
4)My thoughts and calls on the market will be in green.
5)You have to use your own market knowledge to manage the calls,only you know what you are comfortable with. It is your money and your risk. I will try to answer any questions you have, but please realize I am as busy as you. I will get to you eventually. Regards, Good Luck/ Stay positive/Trade with conviction