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Thursday, May 17, 2007

Pre-Options Expiration Chop

While the Dow briefly moved above 13,500, trading was choppy and those gains disappeared. At least the losses came on lower than average volume. From what I see, rising interest rates and higher oil prices kept the bulls in check.

file 05_17_07.gif

Tonight and tomorrow will be dedicated toward the monthly Q&A with members which I always enjoy. Since I don't trade option expiration Fridays, this will be my last post until the Q&A is finished. If all goes well, I should have it posted by this time tomorrow.

Have a great options expiration tomorrow!

Posted by Kirk at 5:39 PM in Review | Bookmark | Feeds | Link |


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