Daily Archives: May 23, 2011

Panicking market to most traders, a golden opportunity to me.

Posted on May 23, 2011 by admin

I love this type of volatile markets, where the weak and unprepared hands are washed out, leaving the true players in the game.  I placed 2 orders this morning, and they were both filled. NFLX weekly spread: 225-230 call, with … Continue reading →

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Market Condition: Range Bound, Neutral.

Posted on May 23, 2011 by admin

Chartadvisor.com:  This week’s Market Summary is neutral to slightly bullish. Schaeffersresearch.com’s this issue of Monday Morning Outlook is near term bearish and long term bullish. VIX: Increased volatility, broke through SMA 20, still under SMA 50 value.  Recently, VIX challenged … Continue reading →

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