Friday, September 30

Dow Jones Industrial Stock Watch

AIG you look like you are ready to break out on strong volume over $62 1/2; you know once you do the sellers will disappear for a while. The path of least resistance. The future is Kaleidic and yet we seek order. Your historical and implied vols are pretty close; as your stock rises your vol should stay low or drop further. How does shorting a put vertical sound? Excellent.

Now to find a call spread to sell on another of the Dow stocks. "Market neutral" means live long and prosper.

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