Wednesday, July 11, 2012

Here we go again-Maybe some short term Calls are appropriate...

It's mostly the SPY, as the other averages (as shown earlier are not doing exactly the same, but have the same theme) are in a similar mode.

I'm thinking about maybe buying some SPY Calls, the only thing is I think you'd need to be very nimble and be able to react quickly to the 2 p.m. minutes release if need be.

 SPY 5 min leading positive

 DIA 5 min leading positive

 IWM 2 min leading positive

QQQ 2 min leading positive

It seems like a quick buck can be made here, I would consider this a VERY speculative trade as we don't have a full picture, but we keep seeing these moves.

I'll let you know what I decide, but obviously it needs to be decided soon.

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