Sunday, October 17, 2010

Puts and Calls

Puts and calls could have moved Friday for us if the trader was willing to sit around all day and watch the market repeat the same 100 point up and down, still ending above 11,000.

We move to November issues and list both put and call with specific instructions. The market bias is bullish, with an expectation (out of FEAR) of downside.

With both signals, follow futures carefully and only trade if you have buy and sell signals in at all times. Expect larger second buys. Any news byte could affect the market.

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