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!

3 comments:

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

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  2. Hello Pra

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

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  3. 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