Good Insurance??

  • December 15, 2000
  • Dave Landry

Once again, there were no covered options that set up.
Remain patient until conditions improve. 

Insurance
(
$IUX.X |
Quote |
Chart |
News |
PowerRating), mentioned recently,
still looks like it has the potential to resume its longer-term uptrend.  Continue to look for buying
opportunities in calls and call spreads here on any resumption of strength.

src=”https://tradingmarkets.com/media/images/Landry2/in121500.gif” width=”470″ height=”320″>

Gold
and silver
(
$XAU.X |
Quote |
Chart |
News |
PowerRating), mentioned recently, still looks like it has the
potential to rally out of a cup-and-handle formation. Continue to look for buying opportunities in calls and call spreads here.

src=”https://tradingmarkets.com/media/images/Landry2/xau121500.gif” width=”470″ height=”320″>

The semis
(
$SOX.X |
Quote |
Chart |
News |
PowerRating), mentioned recently, still look vulnerable. Continue to look
for buying opportunities in puts and put spreads here.

Best of
luck with your trading on Monday!

P.S. Reminder:
Protective stops on every trade!