TBT - headed for new lows?

    Posted by frtaylor on 19th of Jul 2011 at 03:54 pm

    Big ugly red candle coming into the close.  I will probably be stopped out tomorrow (31.88).  Other views?

    holding TBT

    Posted by dallassteve on 20th of Jul 2011 at 09:52 am

    hey, frtaylor, lets hope TBT moves up from here.  your stop was not hit: looks like a good decision.  Maybe you should post your stops in the future :) 

    I usually get stopped out on an ugly move like we saw yesterday.

    TBT is at support but

    Posted by ditch on 19th of Jul 2011 at 03:57 pm

    TBT is at support but it is a big ugly candle. Still these markets are just jumping around like a cat in a room full of rocking chairs. They will probably reverse back down tomorrow and TBT go up.

     

    I sold the Aug 32

    Posted by bkout3 on 19th of Jul 2011 at 04:01 pm

    I sold the Aug 32 put for 1.03.....see what happens

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