This is a particularly eventful, if weird, week - the Fed is cutting
rates on Tuesday, Lehman and Goldman report earnings on Tuesday,
Visa
is scheduled to start trading on Wednesday (we are bullish), and
Thursday is March options expiration, though trading should be
relatively lighter ahead of the long weekend. In light of all that, and
given all the bouncing around we’ve seen intraday over the past few
weeks, it’s not a bad time to step away from your trading platform if
you’re a casual position trader.
To read the rest of this post, just click over to our options trading blog...