Successfully playing the market is a lot like dancing. You may believe you understand mentally where to put your feet but it's not until you get out on a dance floor that you realize how little you truely understand.
I’ve been watching GS lately. Over the last few months, GS has been in an uptrend. It looks like GS should be going back up into the channel (shown on Prophet chart below). But perhaps not until next week as it is hitting up against the Person Weekly Pivot (shown on TOS chart below).
Any opinions or trades discussed on this site are here for discussion and understanding of the market. They are not intended as a suggestion to buy or sell.
About Me
I began my Options education in the Fall of 2006. In the Spring of 2007, I began trading options with a self-directed IRA.My goal is to have consistent positive growth on this account as well as an income generating account.