Tuesday, August 28, 2007

Market Tanks, Cubes Speculator Bulletin Soared

[Capital Essence NewsDesk] As we've predicted right here in our previous Market Outlook:
Bearish Bias (23/8/07): Prices could be heading for a retest of last week [August 16] low.
The "lows" will be retested (27/8/07): Monday's trading action suggested a negative bias into Tuesday trading session. Expect volatility to shoot up.
Stocks got hit hard Tuesday with the majority of major indices lost an average of 2.20% for the day. The CBOE Volatility Index (VIX) shot up 15%.
 
Editor's Note: below are just some trading ideas flow from our premium Headlines.
August 22, 2007 @ 9:30 PM - "QQQQ is testing resistant at the area of the third target; this is the last stop before a serious decline kicks in".
August 27, 2007 @ 7:45 PM - a first bounce into the [$xxx] area might be rejected and followed by a downside retracement into the [$xxx] area. We believe this is the area where the "true" bottom is formed.
The newly setup, QQQQ Put Option is carried an amazing unrealized gain of 90% in just 1 session.
 
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