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Hot Option Plays: Mama Mia Market!
Posted on November 09, 2011 at 15:34 PM EST
Cusick’s Corner Italy is weighing on the psyche of the bid. We are heading to levels in the equities, 1233 on the S&Ps, where if broken could trigger a potential challenge to mid-term support of 1200 on the S&Ps. I will be watching the Dollar strength, UUP, to see if this ramps up pressure in [...]

Cusick’s Corner
Italy is weighing on the psyche of the bid. We are heading to levels in the equities, 1233 on the S&Ps, where if broken could trigger a potential challenge to mid-term support of 1200 on the S&Ps. I will be watching the Dollar strength, UUP, to see if this ramps up pressure in the red hot precious Metals, Gold/Silver. The shakeout in both these markets has been orderly and while the downside could continue today, it looks like there is support down at these mid-term … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


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