Friday, January 18, 2008

Be Careful Today

It's option expiration day and at least the first few hours will be interesting. Futures are much higher but be wary of a fade later today. It's possible they stay strong all day. I will be looking for quarters and halfs today as the punch bowl can be taken away at any time. If they take it to the woodshed later, I don't want to be around. Everything is oversold and i will be looking at some solar names for trades,probably SOLF and CSIQ.

1 comments:

upsidetrader said...

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About Me

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I am a former hedge fund manager, broker and capital markets dude who now trades for his own account. I love what I do. I will try to post some stocks and an occasional chart that looks attractive for entry.I will also try to point out the idiocy of conventional wisdom and the lack of value added by the mainstream financial media. These postings should not be viewed as recommendations.