AI
Monday, March 03, 2003 2:15:26 PM
Hi Steve,
Selling options would have indeed been profitable lately. Not sure if the consolidation will continue into expiration but it is possible. As for Today it looks quite possible that we consolidate into the close. If we lose support at 7850 that could spell a further decline tomorrow. A close between 7850 and 7900 will leave us guessing for tomorrow though. This last week most of the late day rallies have carried over to the next day. We will have to watch and see if that will continue or Not.
Good Trading Steve! :^)
Selling options would have indeed been profitable lately. Not sure if the consolidation will continue into expiration but it is possible. As for Today it looks quite possible that we consolidate into the close. If we lose support at 7850 that could spell a further decline tomorrow. A close between 7850 and 7900 will leave us guessing for tomorrow though. This last week most of the late day rallies have carried over to the next day. We will have to watch and see if that will continue or Not.
Good Trading Steve! :^)
Good Luck to All! :^)
PLAN the TRADE and TRADE the PLAN!
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