Market Volatility

Once, again we can learn why patience is very important in option trading. This market has been up and down for the past few months and it seems like this will be a very hard year for the Wall Street market. Bear Stearns is down 40% today on credit concerns and other issues that show how bad things really are with these banks. It is reported that Yahoo and Microsoft have resumed informal talks on a buyout. Who knows when this deal will be hammered out. Yahoo is desperately fighting of the buyout while Microsoft is pushing for the buyout. There are rumors about AOL and Yahoo attempting some type of agreement, but all this is in the mix.

This is a shaky market which can be very bad for the irrational and impatient trader. Some advice, trade with discipline and tight stops to decrease potential losses. Stay tuned to the www.freeoptionspick.com site and emails as we will send out a pick as soon as a Alert is triggered.

Have a great weekend!