Tuesday, October 7, 2008

Diana Shipping (DSX)

DSX Daily Chart

Diana Shipping (DSX): I rarely play rebound, but the 800 point drop is too extreme. Furthermore, Cramer who is a very emotional trader/investor was screaming SELL SELL SELL. Anyway, I detected a bullish divergence in the DSX daily chart. Possible rebound to 20s. That is why I bought Dec Calls.

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