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 Strategies & Market Trends : BUY AND SELL SIGNALS, AND OTHER MARKET PERSPECTIVES

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To: GROUND ZERO™ who wrote (34591)7/6/2012 9:24:23 AM
From: robert b furmanRead Replies (1) of 50801
 
Good morning GZ,

After this and last weeks run up I would not be surprised to see us correct into WWW next wednesday.

A lot of call premium needs to be wound down before expiration.

This recent pop up has left a lot of people not in the market - thus I think it will be hard to sell and get back in as support should show up with even a slight decline.

Of course I could be wrong - but I think it is a hold and live through out the dip with a possible add into any decline here.

Bob
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