Friday, October 10, 2008

Could be a short term bottom based on volume

Volume needs to easily surpass mid Sept and a strong close even if we are down for the day.
Options week coming up also.

Not going in long positions until I see the volume bars huge on all the indexes and a positive looking close.

Click as always on subject title for updated chart.

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Feb 27 - $shak primed for a big move

Still holding $RIG Mar2 and Mar16 calls which are up 100-200%.  $shak settling nicely and I have plenty of time with Jun 45 calls