Hot Option Plays: Looking For Confirmation
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DailyMarkets.com
Posted on February 24, 2012 at 15:23 PM EST
Cusick’s Corner 02-24-2012 There appears to be no divergence from trend or any flag for potential bearish variance on the landscape from a long term perspective. One short term question mark comes from looking at the transports, $DJT/IYT, which have not confirmed the move in the Dow Jones, so I will watch the transports for [...]
Cusick’s Corner 02-24-2012
There appears to be no divergence from trend or any flag for potential bearish variance on the landscape from a long term perspective. One short term question mark comes from looking at the transports, $DJT/IYT, which have not confirmed the move in the Dow Jones, so I will watch the transports for a sign of momentum — a break of 5000 could be negative. One other point is that Volatility, VIX, continues to contract, like a spring that is coiled — at some point it … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards
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