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Stock Market Iron Condors September 6 2008 Posted by: optionslinebacker
Video duration: 541 seconds This video shows my projections for the S&P500 and the Russell 2000 in the near term, plus discussion on our monthly Iron Condor options positions. Related: condor, iron, ironcondor, options, optionslinebacker, optionstrading, stockmarket, trading Display Video Comments | Hide Video Comments | Add Comment |
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Latest comments made on this video:
By: egrab. on 07 Sep 08, 03:41:46
we're going higher this week, ala Paulson's bazooka
By: optionslinebacker. on 07 Sep 08, 00:50:30
I totally agree, the Market can and often does exactly whatever it wants to do. My point in this video is that price action like what we saw on Friday ("hammer" candlestick) often shows that there is underlying buying pressure and that the short-term selloff on Thursday and Friday morning was overdone, possibly leading to a short term dead cat bounce.
By: sirzuke. on 07 Sep 08, 00:43:56
It very well could "go straight down there in a matter of days" as we all saw on thursday the big boys were selling and tanked the market 300 points. The SPY could easily lose 3-5 points if we see some selling, sir.