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Post# of 18894
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leapyear92

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leapyear92

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Re: bbgold post# 391

Monday, 12/10/2001 2:00:45 PM

Monday, December 10, 2001 2:00:45 PM

Post# of 18894
Hello Bob!

Well, to my way of thinking we have reached a short term top. I have found divergences to be very reliable although certainly not infallible!

With a positive wave of news vis-a vis a rate drop we could drive higher in the short term. Right now my predilection is to short this rally if it occurs.

Notice how the spreads have tightened on the index calls. Even those that are out some.

Still learning but my gut says fade the rally and pick up puts on the cheap.

Too bad ASK does not have more MA options, I find the 13 works best for most underlying issues.

Happy trading!

P.S. Where is the help page that explains fonts, pastes, etc?

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