Beautiful Flag

Being able to admit that I made a mistake is a virtue of mine. As this case in point.

Just look at this flag of JPM, can anyone tell me this is not SHORT TERM Bullish?

Yes, there are a lot of people will tell me that. But I will tell them, hey buddy this is MY money!

the stock went from 37ish to 47ish in 6 trading days!

I asked my self now, why do you think this is bearish!



Game plan for tomorrow,
1) IRA plays:
1.1) long XLF when it breaks $29.19 after the fed announcement, stop at
1.2) long SKF when it breaks $104.86 after the fed announcement
1.3) long SPY when it breaks $136.65 after
1.4) long (again if got stopped tomorrow) SDS when it breaks $63.33


2) Option Plays, just on SPY and DIA
2.1) long SPY ATM call, when it breaks $136.65 (or tomorrow's high)
2.2) long SPY ATM put when it breaks below $134.68 (or tomorrow's low)
2.3) long DIA ATM call, when it breaks above $125.10 (or tomorrow's high)
2.4) long DIA ATM put when it breaks below $123.14 (or tomorrow's low)
2.5)stop at -$0.5 of the trigger and target +$1.00 of the trigger