Hello all
Today we have the Facebook IPO and options expiry and so volatility is the name today..
Today we have the powerful Venus moon sextile which is very powerful.
So the emotional component of the market will hoping for a great and exciting IPO.
Sure it will run up today on the hope but those who want to sell the stock maybe wait until after lunch as excitement can do wonders in the morning.
Don't get sucked into the metals and bond moves today as they are not what they seem.
CNBC is looking at a $60 open for Facebook and to be honest I hope so..
Anyone had a look at APPL lately....
Still I cant bring myself to short them when I know there is a huge war chest of money sitting there in case the stock gets hammered.
Anyway The grains move is real and the metals is fake.
Quick note on bonds I expect either today or Monday a bond blow off, which then I will be looking to purchase DEC Puts ...
cheers
Today we have the Facebook IPO and options expiry and so volatility is the name today..
Today we have the powerful Venus moon sextile which is very powerful.
So the emotional component of the market will hoping for a great and exciting IPO.
Sure it will run up today on the hope but those who want to sell the stock maybe wait until after lunch as excitement can do wonders in the morning.
Don't get sucked into the metals and bond moves today as they are not what they seem.
CNBC is looking at a $60 open for Facebook and to be honest I hope so..
Anyone had a look at APPL lately....
Still I cant bring myself to short them when I know there is a huge war chest of money sitting there in case the stock gets hammered.
Anyway The grains move is real and the metals is fake.
Quick note on bonds I expect either today or Monday a bond blow off, which then I will be looking to purchase DEC Puts ...
cheers
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