DIA – Diamonds (Last:106.87)

Diamonds (DIA) price chart with targetsThe more eager we grow to short this airborne turd, the less obliging it becomes.  Look at the three-minute chart if you want to see price action that’s bound and determined to make nonsense of any prediction or strategy we might hazard. Previously identified rally targets at 107.61 and 108.75 remain valid nonetheless, but I’m not going to pretend they’re likely to blossom into opportunities today. Suit yourself, since this one will have to be catch-as-catch-can into week’s end.  We remain short the August 102/98 put three times in a 1:2 ratio @ 0.76 per.