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RCKS

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Re: northam43 post# 1520

Thursday, 05/19/2011 11:26:41 AM

Thursday, May 19, 2011 11:26:41 AM

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northam I am someone who believes especially during weak trending periods that Option Expiration has an influence on price. I believe we will close below 1340 today or on 1340/134. Too many Calls out number Puts at 1340 and above. I like that we got the Phase II but I do think we could slide back into one more Phase I tomorrow as they hold price at or below this level.
I remain Bullish and think we have a higher high yet to come.
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