stock trader, stock option

[Weekend Summary] Dear Member: Today was option expiration day which explains the super high volume on the Dow and probably explains the somewhat unexpected market behavior over the last couple of days. Santa has been at work, now let's see where next week takes us. I would expect that volume will begin to diminish as the week moves along and we approach the holidays. I tried to enter a position on the EBAY this week, but it moved away from me a little too quickly. In my view, there is no point in entering a position unless you can get the entry you want. I still like the stock and am trying to find another good entry point. I almost jumped today, but held off because of the peculiarities of option expiration day. Wells Fargo (WFC) has been moving up a good trend line. It looks quite positive as the price has been increasing on increasing volume with a positive DMI, all of which is pretty bullish. Although Nuveen Senior Income was down a little today, it was probably because today was the record date for the next dividend payment. I have been very pleased with this play and the regular high percentage dividend it provides each month. Though I entered no new positions in Trend Trader this week, I have my eye on a number of very interesting possibilities. I hope your holiday preparations are nearing completion and that you have a wonderful weekend. Bill
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