News Focus
News Focus
Followers 7
Posts 1756
Boards Moderated 0
Alias Born 04/01/2004

Re: GLENO34 post# 10763

Friday, 08/11/2006 12:30:32 PM

Friday, August 11, 2006 12:30:32 PM

Post# of 17625
Glen, I think we head more down, but the Q puts will bounce us back up at some point. I exited my calls yesterday for only about 15% profit (placing a dialup order is too slow so I missed my exit). I was hoping for a bounce this morning to buy puts, but it didn't happen (and I wasn't up yet either - last business day of vacation).
Now I am looking for a low point to buy Q calls. There are now more outstanding Q puts at 36 than before!
I am hoping we get down to the 36.33 area or even lower today. The put sellers will support it with full force somewhere in here.

Discover What Traders Are Watching

Explore small cap ideas before they hit the headlines.

Join Today