UPDATE:
The Markets were up quite impressively yesterday and at the close,
the DOW was up 165.26 to close at 8,471.61 and DIA, the underlying
stock of the options that I trade, closed at $84.79 +$1.63. And the S&P 500 and the NAZ were also up substantially.
But my Indicators, believe it or not, turned even more Bearish! I
would really like to like to buy 4 more "PUT" Contracts to bring my holdings to an even 10 Contracts, but to keep the calculations for tracking my investment results simple, I will desist from adding more money to this account.
But for the record, I want it to be known, that in spite of the Market's strong move yesterday, I am even more bearish and ever more confident of my holding of "PUT" contracts on the DIA.
All the Best!
contax
P.S. My other two recommendations, EMA and ROBV are doing OK.
