Quote from smilingsynic:
Looking to add around 40, if it gets there. I am building a position, not intraday trading here.
If the midday bounce does not impress me, I will bail and look to reenter later.
Please note; I do not suggest averaging down while trading high leverage intraday. That approach probably claims the most casualties in this business.
If we don't bounce here, then I am done fighting for the day. longer term, we can still peg 1290-1300 from option interest.
