There should be a move up early tomorrow Anthony, but since it’s a Friday they might not allow it to roll back over and instead push that out until Monday. If you see a gap down in the morning tomorrow I’d be looking to exit all shorts before the lunchtime float higher on light volume.
Not sure if I would hold any positions overnight…. Even thought we have awhile to go to hit the fp, If tomorrow doesn’t open down nicely, time value will drop the puts
Sorry, I meant Darth Gerb… gave credit to wrong person. But BigHouse also helps out too, so thanks go out to all who help me catch these FP’s and post them.
Bulls trying to hold this line…
http://screencast.com/t/AUarZ52yq
There should be a move up early tomorrow Anthony, but since it’s a Friday they might not allow it to roll back over and instead push that out until Monday. If you see a gap down in the morning tomorrow I’d be looking to exit all shorts before the lunchtime float higher on light volume.
Flag? or are they possibly trying to turn this back over?
Not sure if I would hold any positions overnight…. Even thought we have awhile to go to hit the fp, If tomorrow doesn’t open down nicely, time value will drop the puts
ES Update:
http://niftychartsandpatterns.blogspot.in/2012/08/es-update.html
🙂 As long as the market keeps going down i’m a happy camper..
Yeah, got burned a bit at first, but recovering now.. Have a 130 spy august put… Think its a solid hold?
LOL… yes they are. Do you like steak? I sure do! Let’s have a barbecue!
them bulls r cornered… fire up that grill…
Sorry, I meant Darth Gerb… gave credit to wrong person. But BigHouse also helps out too, so thanks go out to all who help me catch these FP’s and post them.