1 reply to this topic
Posted 16 January 2007 - 07:35 PM
Last week I got too bullish on the weekly chart, when I looked at the overbought daily I could not ignore it, had to short. I feel more comfortable trading on a short term basis, I don't particularly like holding option premium for very long. I do think we may have put in a top for a couple weeks but I plan on trading both sides when warranted.