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Strategies & Market Trends : Option Trades

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To: zx who wrote (179)12/31/1997 4:45:00 PM
From: Broken_Clock  Read Replies (2) of 2341
 
agraff,

I thinked we talked about DIS with Gonzo over on the candlestick thread(?)...anyway...check out todays action. Last two days show failed attempts above this years high...formed a doji star today and a tweazers top with yesterday. Classic bear formation. Look to buy in some puts on next move down(should happen friday but might consolidate until DOW weakens). I was gone over Christmas when the last down turn happened, but this one should be better.
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