Buy Stocks and Day Trade Once the Early Selling Subsides - No Overnights

One Option Trading Blog http://ift.tt/1IUv4uQ Posted 10:00 AM ET - The market has been crushed this week and China is to blame. We're getting a nice bounce this morning on a strong jobs number (296K) but we are not out of the woods yet. The downside will be tested early this morning and support will be established quickly. Sentiment is extremely bearish and we should see a short squeeze today. Let the selling pressure run its course and line-up your longs. I expect to see a gradual grind higher throughout the day. I am only day trading. I don't want overnight risk exposure heading into the …