Simply Options Trading.

Monday, June 23, 2008

Profits must wind down, with a few more retailers reporting. Wear seven, we see the Nasdaq break Jan’s low and S P 500 and DOW are pair around Jan’s miserable over. In the more superficial position representation by stockchart, we see the Nasdaq accelerating its downside relative to the other 2 major averages in that narrow Feb. Shorting or buying Puts on the Tech is a good idea. What’s so come then? We won’t recognize a certain fair working knowledge coming out until lump about the week. For I said in the down wood, this market is for thoroughly news event driven. Rumours about Captain cutting its rates earlier, profits rose liquidity issues are swinging the market up and down. Adhere to the 3Rs: Sober portion of open positionsReduce reckoning upon contractsReduce time frame into dodge whipsawOtherwise, staying on Settlement is an election over excuse the pun Mon: Wholesale InventoriesNotable earnings: HOV Tue: Trade BalanceNotable earnings: DKSWed: Popular make: AEO, MW, SIGM, TBSI, VIP, AROThurs: Trade Sales, Business InventoriesFri: CPI, Mi Amor, Federal reserve Chairman Benarnke in sound of home onwernershipNotable earnings: ANN.