Market is dropping because there are no buyers. It is a bear market. Rallies will be fast but short lived. Trade carefully if want to go long use option for longer duration. Seems market wants to test October low at least. I am thinking 2 days rally from 3 PM today. Trade on your own analysis.
Farooq This post is for educational and amusement purposes only, and is not to be interpreted as trading advice. Consult your financial adviser before placing any trade.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.