Saturday, January 23, 2010

THREE BLACK CROWS


We have witnessed "THREE BLACK CROWS" candle stick pattern-

http://www.candlesticker.com/Cs74.asp


http://www.tradingday.com/c/candlesticks/candle...

On Monday, I will close my SPY Feb 112 calls (Cost Avg 1.65) at 1100-1105. The calls and puts might lose some value on Monday if the VIX drops. It is something worth keeping in mind!
Posted by PRAMOD at 6:59 PM

3 comments:

  1. zstockJanuary 25, 2010 at 1:02 AM

    I'd rather short anything that pop ups, than try to buy the dips--

    ReplyDelete
  2. AnonymousJanuary 26, 2010 at 11:50 PM

    Hello Pra

    Do you plan on playing GMCR? They report after the bell tomorrow.

    ReplyDelete
  3. zstock Pro Select!January 29, 2010 at 1:55 AM

    Shorted GMCR at 87.5 or so--
    also shorting MSFT, if I see it at 31.5, and did you see ESI 114 double top, up $6 then down $6 on earnings, I'm thinking GMCR copy cats.

    ReplyDelete

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