Editors Note:

There is no trend and investors need a trend to make rational decisions. The markets have failed to extend the gains from early last week and there is no trend. The Nasdaq indexes are at long-term resistance and the Dow, S&P and Russell are just treading water. There is no reason to add positions at market highs with no forward motion. As the Shaolin monk in the 1970s Kung Fu series used to tell Caine, "Patience grasshopper."



NEW DIRECTIONAL CALL PLAYS

No New Bullish Plays


NEW DIRECTIONAL PUT PLAYS

No New Bearish Plays