Friday, November 16, 2012

Currently there is some potential for a market rally as all the ingredients are there. Price action needs to show it’s face now.

The name of the game is what politicians say now. Anytime a press conference comes up, it can be reasonably assumed that it will be  market mover. Regarding the chart above, it’s just an example how option risk is managed.  Double the price, take half off.

Other than scalp trades, portfolio will remain flat unless the S&P can take out 1360 at the close.

 

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