Wednesday, February 24, 2010

Trailing 30 Days' NYSE Trading -- 73% Bearish on "New" Merck


I'll let the chart tell the story (click that link -- for an updated view, any time after today), despite this morning's smallish uptick:


. . . .Personally, I be very surprised if Merck gets any boost at all -- from the President's all day, wall-to-wall, televised sessions, tomorrow. . . .

So the puts should stay on, I guess -- at least to, and possibly through, Friday's witching hour. We'll see.

2 comments:

Anonymous said...

off on another vein...

http://abcnews.go.com/Business/Wellness/pharmaceutical-ads-good-bad-consumers/story?id=9925198

Condor said...

Probably going to take half the puts off, tomorrow, right after NYSE open.

Maybe the rest, at the witching hour, as NYSE closes the month.

Namaste