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Strategies & Market Trends : Waiting for the big Kahuna -- Ignore unavailable to you. Want to Upgrade?


To: Real Man who wrote (89436)8/6/2009 1:07:39 PM
From: clochard  Read Replies (1) | Respond to of 94695
 
What if it moved sideways for a year? Lots of option premium could be milked out.



To: Real Man who wrote (89436)8/6/2009 1:20:14 PM
From: GROUND ZERO™  Respond to of 94695
 
Yes, I've been thinking the exact same thing... I'll wait and see what happens this afternoon before I reposition... even if the sell signal were confirmed today, just say for example, then the buy signal for tomorrow would actually be a close above 1006.70, not very far from here right now, that's below today's high...<g>

GZ