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Psionic Trader

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Psionic Trader

Re: $hylo post# 1192

Tuesday, 01/07/2014 4:58:31 PM

Tuesday, January 07, 2014 4:58:31 PM

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That's what I'm thinking as well, the drop was too fast too soon and it's forming a bottom here.

Although not very happy with recent action the last few days (I have a significant amount of CHTP march call options which are more volatile), it's never easy to buy at the exact moment after a 15%~20% drop.

I'm thinking the bottom is around here somewhere close to low $3s according to the chart. Looking for a big pop shortly.

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