Hot Option Plays: Crude Slumps
Posted on February 01, 2012 at 18:24 PM EST
Cusick’s Corner The market held up into the close, with the S&Ps finishing off the highs and below the resistance level that I wrote about last week, 1325. The Crude market, USO, finished below $97.50 which was a level that could possibly put more pressure on the Crude longs, could potentially see $92, especially if [...]

Cusick’s Corner
The market held up into the close, with the S&Ps finishing off the highs and below the resistance level that I wrote about last week, 1325. The Crude market, USO, finished below $97.50 which was a level that could possibly put more pressure on the Crude longs, could potentially see $92, especially if the overnight action gets dicey. We are in overbought territory and once the potential Greek solution catalyst is in the rearview mirror until June at least, traders with a nice … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


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