Sunday, August 8, 2010
Saturday, August 7, 2010
I'm watching MA to see if this pattern will continue next week. If RSI continue to embed above the 70 line I might enter call options for a quick trade to the upside .Further I'll also be looking at the Volume Flow Indicator to confirm. So far, it's looking good. I'm a short term options trader meaning I enter trades for daytrading or maximum of 3 days. Though most options gurus recommend premium selling, I just don't have the patient waiting for that options decay. 
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