FEED the BULL

Welcome to Feed the Bull - A home for investment information and interaction.

Article

How to Profit & Protect the S&P 50 with Options in this Overbought Market

Posted, by optionmaestro on July 30th, 2009

Thursday was another great day for the bulls on Wall Street, and another great opportunity to get short for me, as I believe this market is well overbought on the short term. The market sold off a bit going into the close, my guess is because some were taking profits before the GDP numbers. The stock market major indices are up huge since July 1, 2009; Dow Jones Industrial Average up 8.38%, NASDAQ up 8.13%, and the S&P 500 up 7.33% (click chart to enlarge). http://optionmaestro.blogspot.com/2009/07/how-to-profit-protect-s-50-wit.......

Authored by, optionmaestro
Log in or register to post Private Message
Tickers:
AAPL | ABT | AMGN | BAC | BMY | CAT | CL | COP | CSCO | CVS | CVX | DIA | DIS | GE | GILD | GOOG | GS | HD | HPQ | IBM | INTC | JNJ | JPM | KFT | KO | LLY | MCD | MDT | MMM | MON | MRK | MS | MSFT | ORCL | OXY | PEP | PFE | PG | PM | QCOM | QQQQ | SGP | SLB | SPY | T | UPS | USB | UTX | VZ | WFC | WMT | WYE | XOM
Tags:
Investment Ideas, AAPL, BAC, PFE, GOOG, XOM, GS, MSFT, CSCO, INTC, GE, DIS, SPY, kft, cvs, DIA, QQQQ, CVX, T, VZ, mon, ko, COP, JNJ, LLY, MMM, PEP, UPS, GILD, PM, JPM, WMT, CAT, UTX, SGP, ORCL, IBM, PG, amgn, MS, MCD, BMY, WFC, wye, QCOM, hpq, HD, USB, MRK, ABT, CL, CMCSA, MDT, OXY, SLB, tltl
Advertise with us

Add new comment

By submitting this form, you accept the Mollom privacy policy.