Registered: Apr 2002
03-13-12 05:41 PM
If we settle this week above last year's highs, it is a free call option. Puking shorts and stop-loss triggers will add momentum.
Really big, deep pockets will try to run some stops for the free juice.
GSC is the best fade ever, and his technical analysis sux. No competent technical basis for calling a top. None.
Spread, Relative Value, and Correlation Trading Instruction from a Professional Trader. The only thing that matters are Clients making money IN LIVE MARKETS. Why not interview my clients for yourself on an independent basis. My typical client is an outright directional trader looking to pick up an industry-recognized specialty technique. http://www.spreadprofessor.com