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When something looks unreal...... It probably is! Congress appears to be in disarray and the repeal of Obama care looks to be having a problem. The replacement is not meeting the approval of some Americans. My thoughts are that any failure to pass the legislation will have a negative effect on stocks. Take a look at the $INDU..... The 4is below the 9 and both are below the 18 dma and the stock price is at the lower BB. The chart is starting to look sick. Same for the $COMP......and SPY As I posted before.... I have sold the April 21st MU call options ( $28 and $29 ) At this point I am looking to have the stock called and so I will be totally out until I find the next buy point. My cost is well under $10 as I have used a sell put option strategy over the period of ownership. XQ |
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Msg # | Subject | Author | Recs | Date Posted |
5284 | Re: When something looks unreal...... | cruisecontrol | 0 | 3/24/2017 12:42:28 AM |
5287 | Re: When something looks unreal...... | cheetah | 2 | 3/24/2017 11:20:59 AM |