Blue Chip Options Site is Launched for Experienced Investors
OEXOptions.com announces the launch of a complimentary site dedicated to more experienced investors.
San Francisco, CA (PRWEB) May 8, 2007 -- OEXOptions.com announces the launch of a complimentary site dedicated to more experienced investors. Whereas OEXOptions.com is geared to help newer investors learn how to trade the S and P 100 index, Blue Chip Options (BlueChipOptions.com) provides their unique formulas for Dow Jones, S and P 500,and VIX (the fear and greed) index.
Using age old supply and demand principles around support/resistance/pivot point and short term projections, bluechipoptions.com provides daily detailed "bias" that helps the trader see where the trend will lead, and how to trade the "breathing market".
Floyd E, the lead trader at both oexptions.com and bluechipoptions.com says, "In the options trading that we teach, you are not playing whether the market moves up or not , you are really looking at the normal ebb and flow of the market, the fact that the market breathes. I am using a method to identify whether the market is at the end of inhalation or at the end of exhalation and use the option that will move enough with the inhalation or exhalation to take advantage of it to make a profit. It really doesn't matter if the market is in an up trend, down trend or sideways trend. Traders typically never really trade the trend, but are trading contrarian, and it's why most lose. We are not. We are just making money on the respirations of the market, no matter what the overall direction."
Support and resistance is an age old principle. History is repeating itself when something hits a price it has been at before. When the market retraces, based on the famed mathematician Fibonacci, new support and resistance lines can be created. The pivot point for a commodity or stock index can be determined each day and becomes the basis for watching supply and demand, and the ebb and flow of the market.
BlueChipOptions' trading options service is unique because they don't provide a specific daily signal to trade, but the tools for subscribers to do so themselves.
About OEXOptions.com:
We are an OEX online stock options trading company. Learn OEX options trading with our exclusive OEX mentoring system. Our index options trading resource provides intraday options trading strategies on blue chip stocks.
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