Posted by manson805 on 18th of Aug 2009 at 01:46 pm
Respecting the 20 day moving average and realizing that it's
options expiration on Friday will save you a lot of headache this
week. Keep it super simple as there's likely to be plenty of chop
over the next couple days before another larger move occurs.
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Options Ex + 20 Day Moving Average = short term rangebound
Posted by manson805 on 18th of Aug 2009 at 01:46 pm
Respecting the 20 day moving average and realizing that it's options expiration on Friday will save you a lot of headache this week. Keep it super simple as there's likely to be plenty of chop over the next couple days before another larger move occurs.