Fed Chair Ben Bernanke much awaited speech via Jackson Hole has all in 'wait mode'. If Ben doesn't deliver surely the financial s will suffer, and more so those financial s that have fingers in Europe crisis mess. Here is a swing trade to consider.
Goldman Sach traveled to $105 of weak volume, and now its waiting for direction. GS could follow the seasonal bearish September south if Ben speech has no.gif?lastmodified=201208270000ts in it. A bearish option spread seems the best play.
Goldman Sach traveled to $105 of weak volume, and now its waiting for direction. GS could follow the seasonal bearish September south if Ben speech has no.gif?lastmodified=201208270000ts in it. A bearish option spread seems the best play.
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