We needed more time for the market to build anything that would hold any kind of move and now in most averages except the IWM, we have a wider "W" bottom which looks better, I'm not sure I'm sold on it, but one stock that looked pretty interesting for a long bounce using calls is GOOG.
GOOG 2 min
5 min
10 min
And it already has done some work as the 30 min chart shows.
I'm still not sure I want to take the chance until things look really steady, but this is one I'd certainly be considering.
Is interest rates about to start going up?
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Yes, I know - it does not make any sense - FED is about to cut
rates...but....real world interest rates are not always what FED wants it
to be.
5 years ago
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