just following-up....two separate previously predicted trends unfolding ? first, the 'old economy stocks' in all sorts of ind. groups, are approaching their initial downside exhaustion levels on the downside, great, so look to take big Puts gains in things like, Insur., Banks, Chem., Drugs, Retails, Aero./Def., which I gave out as puts near their highs.... we are even looking for some EVB bottoms to buy soon in these and other depressed groups....
Second, I added still more 'parabolic' puttables, which may be beginning to crack recently as expected, in all sorts of Tech. ind. groups, as ind. grp. rotation shifts.... we still need many of them to break below their recent 'necklines', so watching for that....hope this helps, I am always open to teach anyone interested how to do this well....there are lots of ways to skin a cat, and Roger provides a good forum....I will try to keep in touch, best wishes, |
