Options Think Tank

[maybe_this_time]

I added it to my list... My boss, who is a pretty sharp guy attuned to the business world, says a commercial space boom is coming to the NE soon (West side rail yard in Manhattan where the Olympic Stadium was to be and big development coming in Stamford, CT.) Definately have that stock on my watch list now as they sound like they might be involved...

I was eyeing up MCP the other day. You know novices look for the inverse H&S breakout of the necktie. A more agressive play is to play the right shoulder. But why not look for a potential head. Fib lines can be used to identify quality looking H&S patterns in the making. MCP's was there, but I didn't see it orginally. I got a nice score on GNK with a similar play... MCP trades options nicely.