Options Expiration Friday
Friday, November 21, 2008 10:27Futures up this morning getting back some of the losses taken the past couple days. It’s options expy today so expect to see some volatility. Just be sure to get in(make your money) and get out. Don’t get greedy! Not sure if we’re going to see a bail out or not for the auto industry, but the current President is working on keeping even the unemployed happy for the holidays so hopefully everyone will spread good cheer. It’s something that’s been a recurring theme lately. Not sure that it’s even because this is almost the time of year for it, but I’m thinking it may be the time in our generation to really take a hard look at giving instead of storing up for selfish gain. Something to think about.
What we’re watching:
BIDU, RIMM, POT all of which make big moves and if we can find a one directional move today we might see a good steady move, but with the way the markets have been, just making a profit is a good move.
TRADE SMART the market opens in just a few min!