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DOWN DOWN UNTIL FRIDAY THEN BOUNCE BOUNCE ON MONDAY

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INTTHEMONEY
Contributor
What will today do until Friday do I smell a down side until Friday,and then a bounce up on monday Could be worthwhile pusing puts and Friday late buying calls Any feedback???
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9 REPLIES 9
Big_Bucks
Super Contributor
World markets in the red.... We to follow.
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barry_1
Super Contributor
dunno 'bout puts as we now seem in some sectors such plats and a lesser extent gold breaking away from Dow,Hang Seng influence,how ever i'm hoping to sell out the rest this morning,that i bought monday,profit good if ican sell!
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Not applicable
all share charts on daily upoper bollinger but weekly lower with view to going up me thinks week will end up- imo the world has had enough of the u s but value is with our markets a few weeks ago after an anouncement like credit suisse markets would have tanked me thinks this is a pull back- tired of looking at the daily changes been more profitable trying to pick the weekly changes
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Wizard
Super Contributor
Forget about going long at all. The primary trend is down. Maybe around 15 March may provide some opportunities from some oversold condition.
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James15
Contributor
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Mr_Money
Regular Contributor
Tommorrow will be a red day. some disapointing ecnomic data coming out of the USA
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platsak
Super Contributor
Looks like we will see a bounce today. Hopefully break a few resistance levels.
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barry_1
Super Contributor
Fully agree,i'm going after SB calls around of 70 days plus for maximum bounce of AGL,AMS,IMP,ASA....i nevrer take calls shorter than 60 days to expiary.
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Hedgehog
Frequent Contributor
Looks like anything RESI is good for calls. FINDI looking better but INDI stock I still favour shorts.
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