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Wednesday 20 August 2008

The PUT game of last few days

Monday 11th we had posted charts on OI showing built up in 4400, 4500 and 4600 puts. Had some one taken an entry even on Tuesday, this would have almost doubled the money like it has done for the big fellas. Some times these setups are fake to distract the public to buy one side where as the game goes on the other side. But this setup was caught as built up had appeared all across the near and far puts. Even yesterday since dow was down, the markets here should start on a negative note hence giving good exit positions or puts. It may be of interest to note that the big fella has still not squared off positions.

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