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Re: None

Tuesday, 03/13/2012 8:39:28 AM

Tuesday, March 13, 2012 8:39:28 AM

Post# of 704570
$GMCR - To Puts or not to Puts?:

The daily chart says more downside before bottoming out (maybe around 45) but looking at the 30min/ 1hr charts it's a bit tricky to recognize a possible direction. There's the MACD turning up from short-term oversold and it could either be flat for a day or bounce a little after this recent fall.

I'm not quite sure if it's a good Puts trade today and thus if one doubts something maybe better to stay away.

But I do think it will see 45 or lower soon. It's just in Options trading timing is everything.

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