Hot Option Plays: Bulls Fight Back
Posted on April 17, 2012 at 15:22 PM EDT
Cusick’s Corner 04-17-2012 So what is going on at this juncture? In the short term it looks like we have an overbought market that just needs to test the downside and what transpired is a nice push down but the longs did not capitulate. Also, we see that the mid and long term trends, as [...]

Cusick’s Corner 04-17-2012
So what is going on at this juncture? In the short term it looks like we have an overbought market that just needs to test the downside and what transpired is a nice push down but the longs did not capitulate. Also, we see that the mid and long term trends, as measured by 50 and 200 day moving averages, have held and are intact. I still think that this choppy action could potentially continue, meaning we might have a decent range bound market going into expiration and … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


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