understanding the psychology of behavior

Thanks to today’s strength, and the psychi concerning Fed intervention, GS is breaking the 14SMA (which acted as resistance for the last month).  With the break, GS could see 182, or the 28SMA.

The play… the 175 Sept Calls. (Be disciplined, sell at 182 or if GS craps out toward the end of day.)

This entry was posted on Friday, August 31st, 2007 at 9:07 am and is filed under stocks. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.