Replies to post #13703 on Marketgems Earnings Trader- Trading Strong or Weak (MKTGEMS)

[jenna]

BZH not just yet, we have a bullish marabozu and 60 was the breakout area. I'd wait a bit. The strategy for the FNM/Building stocks is more of a "Okay let's wait for the war rally sentiment to ebb" and get back to the true economical woes and the unemployment, low spending, etc. That is when I got the first BZH puts just under 64. If 63 holds tonight I'd consider a short or 60 puts at the area of prior breakdown, which is around 64. This was posted on 3/21 and that's the day I first picked it up short and 60 puts. Notice how FNM is rather unremarkable today although the building stocks are solid which goes with the 'war rally part II' territory