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re: chart/mad i feel the same way. lots of other opportunities...

  1. 768 Posts.
    re: chart/mad i feel the same way. lots of other opportunities in the market at the moment. Any down day for the DOW will only see it go down. I did plot the EMA on the weekly over the last two years and it did touch it and rebound. It actually looks like a great time to buy - i bought options when it was at 7.07-7.10 - they haven't done much because the time factor/theta has been eating away at them. Looking at the chart there are some gaps at 8.00-8.39 and also at $13.

    I think that i will hold onto my calls this week and if they don't do anything by friday i will offload them. The other one i purchased is QBE which has been pretty stagnant in the last few days as well. Hopefully the insurance companies may benefit from a surging DOW ? Hope so
    kman

    Monday is another day and possibilities abound.
 
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