I remain firmly bullish on the stock long term, but intermediate to short term the stock continues to carve out a base from which to start a secular advance.
I will be adding the puts to the option portfolio on or near the open tomorrow.
Monday, October 29, 2007
FORD - Buy Puts For Final Seasonal Push Lower
It is time to buy Puts on Ford Stock as it is ready to move lower and put in a very reliable seasonal low.
I remain firmly bullish on the stock long term, but intermediate to short term the stock continues to carve out a base from which to start a secular advance.
I will be adding the puts to the option portfolio on or near the open tomorrow.
I remain firmly bullish on the stock long term, but intermediate to short term the stock continues to carve out a base from which to start a secular advance.
I will be adding the puts to the option portfolio on or near the open tomorrow.
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