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!

Wow, Run Market Run

This market has been on a tear today after the FED pumped some cash into the fledgling banking system. The market seemed to enjoy this as it climbed over 400 points in one day. A lot of economic data has been priced in and we may see a run to the 12250+ levels and beyond if this party can keep going. Almost everything was up except health care, which got smashed today based on a warning from Wellpoint which left investor's wondering about the supposedly recession-proof health stocks.

Will this rally hold up or is this just waiting to touch another low? Another day at the markets.

Check out www.freeoptionspick.com for great picks today!