Still Set Up For Puts?

Software
(
$GSO.X |
Quote |
Chart |
News |
PowerRating)
, mentioned recently,
still looks poised to
resume its downtrend out of a pullback from lows. Continue to look for buying opportunities
in puts and puts spreads here.

Oil service
(
$OSX.X |
Quote |
Chart |
News |
PowerRating)
, mentioned recently, remains vulnerable. Continue to look for buying
opportunities in puts and put spreads here.

Once again,
biotech
(
$BTK.X |
Quote |
Chart |
News |
PowerRating)
, still looks like it might have one more trip to its old lows left in it.
Continue to look for buying opportunities in
puts and put spreads here.

For you OEX
traders, the VIX remains at relatively low levels. Continue to look for buying
opportunities in puts and put spreads here.

Follow Up

Insurance
(
$IUX.X |
Quote |
Chart |
News |
PowerRating)
, mentioned recently,
has now reached its recent lows. If you have profits here, you might want to
lock in a piece.

Best of
luck with your trading on Monday!

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

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