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  1. Summer’s Here And The Time Is Right For The Market To Sort Out Direction • June 28, 2009

    SUBSCRIBER NOTE: I’m taking the family on a road trip to the Grand Canyon (never been there).  No Hotline next week.  I’ll be back in the office Thursday, July 9th and next broadcast will be as usual that weekend.  All of us at Options Hotline wish you and yours a very happy and healthy 4th [...]

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  2. MIDWEEK OUTLOOK • June 24, 2009

    Stocks broke lower on Monday and subsequently found support for a snapback rally toward resistance.  Keep your eye on 880, basis the S&P 500 (closed today just over 900), as important support and 915-945 as resistance.  Commodities also have fallen to some support.  Like stocks, it’s too soon to say the correction has seen its [...]

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  3. Learning From My Father. Protect Against A Deeper Correction • June 21, 2009

    When I questioned him, my dad would shake his head and respond, “Parents are the bones upon which children sharpen their teeth.”  I laugh now as I find myself saying the same thing to my growing children (son in college, daughter in high school). All of us at Options Hotline wish you and yours a very [...]

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  4. MIDWEEK OUTLOOK • June 17, 2009

    Stocks continued in correction mode, as the Obama team proposed a financial regulatory overhaul.  Stocks could soon find support, from the springtime rally, for another run at resistance.  So far, the setback has not been significant enough to wrest the intermediate-term edge from buyers.  We shall see how support reacts to [...]

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  5. Pressure Building Between Support and Resistance, Something’s Gotta Give. Will It Be Resistance? • June 14, 2009

    “Pressure can burst a pipe or pressure can make a diamond.” — Robert Horry I view each day’s trading as a struggle between buyers and sellers.  As they battle for control of price direction, a significant portion of my work seeks to determine which side has the advantage; and where and when [...]

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  6. MIDWEEK OUTLOOK • June 11, 2009

    “The Fed is undercapitalized in a way that Citicorp is undercapitalized.” –- Jim Grant, Grant’s Interest Rate Observer Stocks looked shaky, following an uninspiring Treasury auction.  Shares came back toward the close, but we shall see how far sellers push the stock correction.  The weak bond market sent yields up again [...]

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  7. Fed Under Pressure — Stocks Due For Correction — Can Rally Become A Monster? • June 7, 2009

    Last week’s reco to buy the China Mobile September $50 call “CHLIJ”, for $350 or less, was not officially triggered.  CHL shares gapped sharply higher on Monday and did not come all the way back.  I only consider a recommendation triggered if I see it quoted as trading at or below my [...]

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  8. MIDWEEK OUTLOOK • June 3, 2009

    Comment of Yu Yongding, former Chinese central bank advisor, as reported by Bloomberg News, June 1:  It may be helpful if “Geithner can show us some arithmetic,” said Yu. “We need to know how the U.S. government can achieve this objective.” Ben Bernanke, Fed Chairman, before the House Budget Committee, (Bloomberg) June [...]

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