July 22, 2008

Market Review and Commentary for July 22th, 2008

The general market looks like it could be in a trading range for a while so it may be a good opportunity to start our monthly trades again.

Tomorrow I will start with probably an Iron Condor on the SPY and another ETF/index. Watch an email from me tomorrow for the details then follow along int he Daily Reviews. As a reminder, I like doing IC’s and Calendars on ETF’s because they don’t have earnings announcements that create wild gyrations in the price.

We still have a good window for the August expiration, so let’s stick our toe in and see how the water is :-)

Trade With Confidence
:-)

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