Stock Market Prediction for Tues Nov. 7
I believe the market will be choppy to down tomorrow for election day.
I tried to buy 640 puts on the OEX but was not filled. I tried at $2.90.
I tried to buy 640 puts on the OEX but was not filled. I tried at $2.90.
posted by meblogin at 10:00 PM
3 Comments:
whew...and counting my blessings to have not been filled...grin...
Gridlock seems to be the word for today....guess future earnings will come back in a day or two....
Nov. 8 - I bought Nov. 640 OEX puts near the close for $1.50. I see the market as overpriced. We shall see. If the democrats have the senate I believe our markets will fall in value. If econ indicators are nuetral to weak then selling will begin before the market opens Thurs. I can not predict the future...but it is fun to speculate.
Now the waiting time...my puts are now priced near $2.50 and I am still holding them.
Friday "might" continue as a down day with very little econ data and hardly any earnings to report.
No one can predict the future...but is fun trying.
any questions?
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