Tonight's Conference Call Topics

And I thought the summer markets would just chop sideways...

There's no doubt that all of us that traded this week had a busy one and most of us would agree our necks are a bit sore from having them spun around so frequently. Tonight we'll try to make some sense of it all and talk about what the next week/month might hold.

Here are a few topic ideas for tonights calls:

- Review of the major indices and specifically what today's price action might mean.
- The importance of the 100MA and 200MA in this volatility
- Using Fibonacci retracements to help with targets

- Trend: Why following the trend (in this case down) is still the single most important success factor in this volatility.

- Planning: A short discussion on the importance of pre-market prep and trading your plan.
- Why patience is so important.

- Strategies for high volatility in the indices:
- Sit in Cash: Staying on the sidelines with this volatility can be a GREAT strategy
- Taking advantage of volatility spikes by selling spreads WAY out of the money (Sept)
- The caveats

- Q&A Session on topics of your choice