Friday, November 14, 2008

Stock Indexes and EC

Despite yesterday's rally in stocks they still generally look more negative than positive. There could be day trades in either direction but another move to the highs will likely be an opportunity to buy puts.

EC, however, does still look positive and think there will be a day trade buy soon. (It's been rally as I've been entering this post). Day trade levels change quickly so I don't like to post levels too early. If it does trade down towards 1.2530 though, it would be another opportunity to buy calls.

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