So here are some charts showing the range we are in and my current favorite RAX mirroring the range meaning predictable profits! Here are the daily charts for the DJI, DIA and RAX. Speaks for themselves as far as the support and resistance levels we are in. I have been espousing my RAX greatness to whoever I come in contact with, Buying at 32 or below and selling at 36 making for safe, comfortable profits. The CALL options for this have been returning far better returns as well.
Ready to pull the trigger on RAX around 32 again! and picked up some Jan 13 LEAP Calls @ 150 on NFLX. Over 400 days for the stock to move around 30 bucks. They recanted the idea to split off the DVD rental from their streaming model...
F is returning around 5% from Friday's buy, but keeping this for the return to 16+. Earnings will be telling so placing a Trailing Stop in just prior...
Happy Trading...
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