Internet Still Vulnerable
At the risk of "beating a dead
horse", once again, Internet
(
$DOT.X |
Quote |
Chart |
News |
PowerRating)
sill looks like it has the potential to resume its
downtrend. Continue to look for buying opportunities in puts
and put spreads here on signs of weakness.
The major drugs
(
$DRG.X |
Quote |
Chart |
News |
PowerRating) have begun to
bounce. Begin looking for buying opportunities in puts and puts spreads here.
Follow Up
Insurance
(
$IUX.X |
Quote |
Chart |
News |
PowerRating), mentioned recently,
is approaching its old highs. If you have profits here, you might want to lock
in a piece.
Oil service
(
$OSX.X |
Quote |
Chart |
News |
PowerRating) has imploded since
first mentioned. If you have profits here, make sure you lock in a piece.
Best of
luck with your trading on Friday!
P.S. Reminder:
Protective stops on every trade!