AI
Wednesday, July 13, 2011 3:02:02 PM
Pump and dump, lol with that said I think we get another green day tomorrow then back down pending action near todays close.
A gap fill on SPY then back down, or up to 134.00 area
Semi's/chip sector not ready yet imo
Gonna sit on hands here a bit and try and digest, these strangles I've been playing have been profitable but also stressful even tho I think it's a good market for it even without ER catalysts.
Especially in the cult names like AMZN, BIDU, LULU etc. These have some of the cheaper weekly premiums compared to NFLX or PCLN
SPY - Daily Candlesticks
A gap fill on SPY then back down, or up to 134.00 area
Semi's/chip sector not ready yet imo
Gonna sit on hands here a bit and try and digest, these strangles I've been playing have been profitable but also stressful even tho I think it's a good market for it even without ER catalysts.
Especially in the cult names like AMZN, BIDU, LULU etc. These have some of the cheaper weekly premiums compared to NFLX or PCLN
SPY - Daily Candlesticks
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