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Profittable Put Plays In Another Big Down Day: SPX, Nasdaq, SKF, SRS, EEV, DUG, FXP, DELL

Tags: Nasdaq, SPX, DELL, SKF, DUG, EEV, FXP, SRS
21 Nov 12:47am
Posted by wangshappytrading
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from MyHappyTrading.com by HappyTrading! ™ Sign up for FREE membership! The market started lower at the open, then, attempted to bounce, only to end with a big drop at the close!  Yesterday, at the end of the market, I wrote in the Trading Room,HappyTrading November 19, 2008 1:12 PMOIHs on the edge of a new cliff. This morning, the whole oil services sector gapped down, and, we played puts on RIG and SLB.  I went a little safer with December puts on RIG.  Option...
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Premarket Analysis for 11/20 - Upgrades/Downgrades, Gappers, Actionable Calls

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20 Nov 2:24pm
Posted by wangshappytrading
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Posted By optiondragon for myhappytrading.com From Briefing.com Periodicals Wrap-Up for Thursday, November 20th WALL STREET JOURNAL: General Growth Properties (GGP), weighed down by $27B of debt, hired law firm Sidley Austin to be its bankruptcy counsel,the Wall Street Journal reported. While a Chapter 11 filing is not imminent the move is seen as defensive…BARRON’S: Barron’s Online conducted a screen of over 1,000 companies with more than $250 million in cash and equivalen...
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Market Tumbles Through Support: SPX, Nasdaq, DUG, SRS, EEV, SKF, FXP

Tags: Nasdaq, SPX, SKF, DUG, EEV, FXP, SRS
20 Nov 2:52am
Posted by wangshappytrading
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from MyHappyTrading.com by HappyTrading! ™ Sign up for FREE membership! The market had a weak day that just kept on sliding lower and lower.  This morning in our Trading Room, a member asked:lsxxxxx November 19, 2008 8:31 AMHey guys, it seems as though the last 2 times we were here at these levels, a buyer program kicked in….. does anyone have an opinion on that? This weekend, in my Market Forecast, I said, “If the market goes below the recent lows again (SPX 850; Nasda...
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Approaching The Lows of 2002

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20 Nov 1:42am
Posted by wangshappytrading
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Markets headed straight down the tubes today and closed at new multiyear lows.  Clearly this is not close to ending, the sellers have more to go.  Next up is the 7400 level on the Dow and 780 on SPX, but there may be more downside.  This is a vicious bear market and won’t end anytime soon.  Take advantage of the rallies and short them when you can.  While we may not have a depression, it’s certainly something close.  A true 90% down day as breadth was ...
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Premarket Analysis for 11/19 - Upgrades/Downgrades, Gappers, Actionable Calls

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19 Nov 2:29pm
Posted by wangshappytrading
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Posted By optiondragon for myhappytrading.com From Briefing.com Periodicals Wrap-Up for Wednesday, November 19th WALL STREET JOURNAL: According to people familiar with the matter, the Wall Street Journal reported that Boeing (BA) is in the process of recovering from a strike by its machinists and will delay by as much as 10 weeks the original delivery date for all 3,734 jetliners in its order backlog…The Wall Street Journal reported that the Department of Justice, in combination with a ...
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