Big Board Stocks - May 8

[J-Tea]

SOHU - still holding those put options, which needless to say, are looking better and better.

DSTI - H and S bottom break possible within the next week or so here. keep an eye on it for a target of $5.00+ if there is a break on high volume.

will post more tonight if i find anything.

[J-Tea]

as many of you know, i started learning about options a few weeks ago and have been slaving away in the lab to figure out how to put these things to the best use. it's actually quite fascinating how derivatives work and i'd recommend getting to know how to use them in order to both maximize profits and reduce potential losses in uncertain situations - such as the type of market we're currently in. after reading even the most basic info on this stuff, you'll realize that options can bring your trading to a whole new level. i liken it to going from your SNES in 2D to modern-day XBOX in full 3D.

of course, there are just so many other things to consider in options that in order to do well as an options trader, it's important to have an understanding of the basics first. very exciting stuff though!!!