Greece

Hello, later tonight I will be discussing how Greece and the situation this coming money will be influencing the market and which way it is likely to go.

What I have been doing today is closing some positions. TXNP looks like it is starting to drop, but the long tail under todays candle could be a problem, but being at the top of a chart is much better than having that in the middle of a climb or at the bottom. I think that if there is not good news on Monday, the market will drop and TXNP and SGYP might go down with it. We are just going to hold our TXNP puts and today we doubled down on SGYP.
You can only make big gains with big risk. You can also lose big with big risk: Either way your blood is pumping in your viens. Ever see someone working in a deli at a chain store? Look in their eyes. Dont be like that. Live life. Take risks. Calculated Risks, that is.

I cannot see any technicals on the cubes right now, because we are in a news driven cycle, so techs are null and void for a few days. After we see what the reaction is to Monday with Greece and things start to solidify and I can start plotting a chart and following the candlesticks with the RSI, MACD, and the moving averages along with volume. Its a wait and see game. I need to see if the US and Europe can pull a rabbit out of the hat.

Sit tight and I will update a post on Greece later this evening. After that, have a good weekend.

Tradinginsider