"All human activities have three distinctive features: pattern, time and ratio - all of which observe the Fibonacci Summation Series" (R.N. Elliott - "Nature's Law - the Secret of the Universe" - 1946)

Thursday, January 17, 2013

SPX - It's an exhausting wait...

Still in tight range (on intraday basis, it is as if an eternity had passed....)
What I would say more than the last posts?  Anything, because nothing happened !
We can only wait and see (but be more ready than Homer ;-)
Have a great trading day...with much care!!!


PS: if I was a daredevil like 15 years ago, I would buy some put options and some call options, then I would close those opposed to the direction of the break... but now I'm too old for this madness ...

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