By rule we don't enter new trades in the morning until price confirms at the close of the first hourly bar (10:30 am EDT). In these market conditions I'll leave to the individual trader if full or partial positions should be taken early. The market seems to have found a floor around Dow 20,000 and has reversed back up sharply, by 500 points...watch out below if Dow 20,000 fails to hold later today. Sell Signal Pending: Apple below $245 (Currently 244.80) Option: Apr 17th $240P (19.40-19.60) ---------------------------------- Sell Signal Pending: EEM below 32.50 (Currently 31.80) Option: Apr 17th $32P (2.70-2.80)
