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Message: Interesting option activity

"Looks like LAC chart is forming double bottom, if it continue rebound as it did today - SP might still hit $9 before “Rumor Day” . Time to buy for all those newbies."

I posted this on Sept 4 ,guess pat in a back is due. Or maybe it was lucky guess. Double bottom is known as precursor for SP sharp rise. In anyway my limited chart skills now telling me that LAC held medium support at $8.60 and there is a strong support at $8 – that can happen on any serious pullback. SP can still hit resistance at $9.80sh before pullback and it is due.

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