I don’t think we are going to crash this coming Monday gang. I think we will be choppy and rangebound until the elections. But, we should still keep our eyes open for ritual numbers in the closing prices. “If” they do decide to do a “mini-crash” on Monday (again, not likely because of the elections) they will probably signal the insiders in the closing prices.
PS – when google searching a divy play, make sure to typ ein the date, like “special dividend 10/26” in google search field. That will do it! For tonight for a possible monday play type in “special dividend 10/26” and Monday AM, type in “special dividend 10/29”. that will ease your search for nice divy plays
nice quickie on QQQ puts – out for the weekend 8D – looks like we are in a trading range with slight down trend till election results are in. I expect next week will be the same, unless polls move. Remember my post below, on dividend plays. If Obama is in, expect a slew of divy plays soon after the election. In the evenings, around 7 EST, you can google “special dividends” and see who’s got a fresh release on a divy. Also at 9est before market opens the same. some rule son divy plays. no play if stock also shows loss on earnings with a divy. Options must have volume! Divy plays are only two day plays, unless it’s a popular stock like goog or msft or dell offering a divy, then it might run longer. 75% of these run 2 days and then drop. So a short play is in after 2 days. Most of these with perimters met, jump in at open, but if it flat lines (not often), get out with small loss. Good trading mates!
QQQ Chart analysis: http://niftychartsandpatterns.blogspot.in/2012/10/qqq-chart-analysis.html
I don’t think we are going to crash this coming Monday gang. I think we will be choppy and rangebound until the elections. But, we should still keep our eyes open for ritual numbers in the closing prices. “If” they do decide to do a “mini-crash” on Monday (again, not likely because of the elections) they will probably signal the insiders in the closing prices.
PS – when google searching a divy play, make sure to typ ein the date, like “special dividend 10/26” in google search field. That will do it! For tonight for a possible monday play type in “special dividend 10/26” and Monday AM, type in “special dividend 10/29”. that will ease your search for nice divy plays
not the QQQ, nice volatility for some gains on puts or calls. good size trading range in it
nice quickie on QQQ puts – out for the weekend 8D – looks like we are in a trading range with slight down trend till election results are in. I expect next week will be the same, unless polls move. Remember my post below, on dividend plays. If Obama is in, expect a slew of divy plays soon after the election. In the evenings, around 7 EST, you can google “special dividends” and see who’s got a fresh release on a divy. Also at 9est before market opens the same. some rule son divy plays. no play if stock also shows loss on earnings with a divy. Options must have volume! Divy plays are only two day plays, unless it’s a popular stock like goog or msft or dell offering a divy, then it might run longer. 75% of these run 2 days and then drop. So a short play is in after 2 days. Most of these with perimters met, jump in at open, but if it flat lines (not often), get out with small loss. Good trading mates!
Well, just like I expected… a flat market today.
EURUSD Chart analysis: http://niftychartsandpatterns.blogspot.in/2012/10/eurusd-chart-analysis_26.html
http://www.cnbc.com/id/49555671/
and wow, amazon is now up
Looking like flat it is