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Hot Option Plays: Can The NASDAQ Lead Rally?
By: DailyMarkets.com
Posted on February 23, 2012 at 18:24 PM EST
Cusick’s Corner 02-23-2012 This was a tough read on the close. I just didn’t see a big enough close on the S&Ps to be convinced that an earnest move to the upside will have the staying power. I will be monitoring the NASDAQ to see how it reacts as it breaks through resistance at 2600. [...]

Cusick’s Corner 02-23-2012
This was a tough read on the close. I just didn’t see a big enough close on the S&Ps to be convinced that an earnest move to the upside will have the staying power. I will be monitoring the NASDAQ to see how it reacts as it breaks through resistance at 2600. We could see some sellers come in overnight at these levels but it will be very interesting to see how the underinvested react if there is a bigger move to the upside. Not much more to build on today. See you … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


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