.buying swing +NQTR OVERSIZED at .20 I see the possibility o

Here is where we post regarding stock picks on our swing trading ideas, from multi-day to multi-week both stock and option calls and puts, on the Nasdaq or NYSE.
User avatar
MMASSASSIN
Trading for living
Posts: 5599
Joined: Thu Jan 29, 2009 1:30 am
Contact:

.buying swing +NQTR OVERSIZED at .20 I see the possibility o

Post by MMASSASSIN »

.buying swing +NQTR OVERSIZED at .20 I see the possibility of a multiday sell signal on INTC that has moved from 16s to here mid 19s. I am using this position as a hedge on my stakes on UAUA and FSLR longs. As far as the markets this is a hugely positive technical day as indices pass the highs of the year and the DOW tests the highs today, but regardless I find INTC as the perfect place to start hedging the market bearishly on strength.