Sunday, August 15, 2010

Week of August 15th

We are in a decisive time period where we either are going down or up quickly. I'm looking at Aug 19 and 20th as the key swing dates although it appears there will be great volatility at the open and the close of each trading day.

Although it is very difficult to pick intra day swings using Astrology the afternoon of August 19th looks very volatile and could be the main CIT (change in trend).

I'll post charts, time permitting, tomorrow.

This is option expiry week.

Investors should be out of the market, long term traders should be out of the market. Short term traders, fasten your seat belts, put on your trading diapers (you are not leaving that screen this week) and have fun.

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