Market trying to come back

Futures gapped down this morning and now look like they’re trying to put up a fight. We’re watching SDS here though we think may come back. We’ll try to keep u posted




Comments (2)    Posted in Uncategorized    

Subscribe RSS 2.0 feed. Leave a response, or Trackback from your own site.





2 Responses to 'Market trying to come back'

  1. Trader1 - November 20th, 2008 at 10:26 am

    We’re updating the site and I can’t seem to get logged in for some reason, so I’ll post here.

    FSLR is doing what we said back on the 12th. It broke that 95 level on a breakdown gap. We think this will continue to see large downside pressure so the next level down is right around 70. We may even see it today if the markets tank hard. It’s options expy tomorrow so just be careful.

    We’re also watching DUG as it looks like if the markets continue to slide this one may run back in to the 50’s+ very soon.

    TRADE SMART!

  2. Trader1 - November 20th, 2008 at 5:58 pm

    Whew, I hope everyone was able to get some of that action today. FSLR continued it’s slide and DUG ran and hit 50 TODAY! Option expiration tomorrow so we’ll probably see a lot of volatility in the morning and things “should” settle down a bit in the afternoon.

    Have a great night!


Leave a Reply