S2 Option Trader

[plashadpobedy]

It's better S2 read it.....

I already bought most of my positions the beginning of May, saying oil stocks/crude would fall. I'm still holding.

As for the solar sector, our SOL has now dropped in to the $6s, as predicted. You should be able to buy it in the $5s before the end of June, if you really want a dead-stock?

The big boys are walking. We are coming up on 3 pops off support and no big lasting pop. Looks like things are going to drop out of support. 50 dmas are looking like strong resistance, if that's the word?

They are slowly walking on utilities. My D (Dominion) dropped below $47 today with a token bottom of $46.55 (a previous top). Break the $46.55 level and it's really sayonara.

Things usually gap up before things fall precipitously. Tuesday may have been the precursor to a yet-to-come break of support?