today going to be a down 200 plus day

Discussion in 'Trading' started by riddler, Aug 20, 2010.

  1. hajimow

    hajimow

    Market is red but I believe it will bounce back in the last hours and most probably out of the money calls and puts close to the strike price holders will get wedgied
     
    #21     Aug 20, 2010
  2. And, like panhandlers, no one on ET ever has a losing day. Breakeven at worst.
     
    #22     Aug 20, 2010
  3. hajimow

    hajimow

    LOL good one.
     
    #23     Aug 20, 2010
  4. LEAPup

    LEAPup

    Bullish engulfing on the 5min at 12:55pm. Price moving up since.
     
    #24     Aug 20, 2010
  5. hajimow

    hajimow

    Sets the tone for a bullish Monday. I guess. Nothing is sure in this market.
     
    #25     Aug 20, 2010
  6. LEAPup

    LEAPup

    We'll see where we are at the close, but yes, nothing is for sure in this market.
     
    #26     Aug 20, 2010
  7. LEAPup

    LEAPup

    We closed with a long-legged doji on the daily. Bulls and bears are at indecision point. Watch for reversal.

    I'd say we move up Monday.

    You guys have a good weekend!:)
     
    #27     Aug 20, 2010
  8. Looking bullish fellas! [​IMG]
     
    #28     Aug 20, 2010
  9. nickdes

    nickdes

    I best guess is bullish, but I have a 50/50 chance of being right. LOL
     
    #29     Aug 20, 2010