A trading journal site following the in's and out's of the trading day through my eyes. Market sense and commentary. In no way should this be interpreted as a site for recommendations or stock picks. If you treat it as such, do so at your own risk and may God have mercy on your soul.
Monday, September 19, 2005
Futures pointing towards a lower market open
The futures are all pointing to a lower open today, although just barely. However, QQQQ are trading pre-mkt at $39.35 and they closed Friday around $39.40. So maybe they will show a slight pop at the open where I can get into the Oct 39 puts at a reasonable price. The first hour of trading is often a whacky time and seems to be more volatile. Let's hope for the best.
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