Thursday, September 17, 2009

bidu at 9-0 sell

it's amazing how accurate sequential by demark can be or simply widely followed by the traders and dealers in the markets.

bidu at a daily 9-0 sell this morning and of course we can go 9-1 sell which may mean an extension but that is tough to do.

so what i wrote here yesterday holds.
look at out months at the money calls for some short term play and a little downside protection.

paul


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