3309 Drysdale Ct
Edwardsville, IL 62025
Sure, but the capitulatory selling shown on your chart indicates that most of the those who were intent on selling have gotten out. So it might drift sideways from here, but I wouldn't conclude that it's going to go shooting down again.
I don't conclude anything ... just mentioning that the rally off the bottom looks tired ... I don't know what will happen, nobody here knows ...
But I have some BIS ... so my bet is on the downside ;)
A bear call spread might be doable. Did not mean to sound so strident in my post!
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Sure, but the capitulatory selling
IBB ...
Posted by frtaylor on 5th of Oct 2015 at 10:18 am
Sure, but the capitulatory selling shown on your chart indicates that most of the those who were intent on selling have gotten out. So it might drift sideways from here, but I wouldn't conclude that it's going to go shooting down again.
I don't conclude anything ...
Posted by mla127 on 5th of Oct 2015 at 10:36 am
I don't conclude anything ... just mentioning that the rally off the bottom looks tired ... I don't know what will happen, nobody here knows ...
But I have some BIS
Posted by mla127 on 5th of Oct 2015 at 10:39 am
But I have some BIS ... so my bet is on the downside ;)
A bear call spread might
Posted by frtaylor on 5th of Oct 2015 at 10:50 am
A bear call spread might be doable. Did not mean to sound so strident in my post!