Thursday, September 13, 2007

starbucks straddle

Hey

Starbucks might be in for a good three to six month straddle at $27.50. The Bands are closer than they were before their most recent breakout. The volume has dried up. The Average true range has also shrunk. I believe there will be a breakout. I obviously just don't know which way which is why I am suggesting a straddle. A chart is below.





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Pepsi Stock (www.pepsi.com)
AGG Bond ETF
Optionsxpress Money Market (www.optionsxpress.com)


















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