Why Did G.M. Go Back Up Again?
It went up on a earning report. I talked about that in a recent blog. Now this. Traders are not getting excited about this opportunity of playing the downside. Analysis are all busy extolling the virtues of playing it's upside. $100.oo dollars a share many are now saying.Now this less than an hour later. With the D>J.I.A. down 221 points you don't know if it's going to drop 600 points. When you play G.M. Puts you have to get in and out as quickly as you can. The reason for looking at it this time is because the indexes were looking pretty ugly.