Candlesticks

[Mariner*]

I just kept seeing a bearish note to the rally with it closing lower than the highs of the day indicating to me anyway little strength in reclaiming ground.
Yes, I had to pay a premium for those September puts and the liquidity is low as well as the delta. I don't think they even traded on friday.
But the flip side is I have tons of time on them and they are in the money.
If the market responds favorably, those May 106 Puts with a higher delta are definitely going to be much more lucrative in the short run. (Within the next thirty days or so)

Yes, I found the tote board. I haven't as yet, signed up there but I have been looking around there.
I like reading Bigalows daily commentary on the markets. It's interesting seeing others take on the market.
There may be interspersed here and there some gains, but overall the Kondratieff Wave Cycles are in a downtrend.

http://www.gold-eagle.com/editorials_02/chapmand062902.html