I think MCP long is also fine, if we do get a pullback I think it's a fine long position for at least a sub-intermediate trending trade, there's a good chance it could become a trending trade lasting far longer than several months.
I wouldn't rush in to anything, the only thing that needs attention is the call positions at least the way I prefer to use them, I want to take profits in to upside momentum just before the momentum starts to fade. I'd rather open a new position after a consolidation than watch call option profits disappear as MCP consolidates, but so far so good.
Is interest rates about to start going up?
-
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
No comments:
Post a Comment