So, now what? I think the element of surprise is still the bulls best bet for a nice move higher. But, we could sell today's gains until that surprise announcement happens... How do I trade it? I bought some NCC OCT $3 calls for .45 today...
By the way, I came across a good artice.. The blog has a good post on what he calls hindsight bias.
XLE Chart of interest...buy on dips, put in a stop at this weeks low.
tb
