Nothing at all Wednesday. Tonight we have three football games:
The betting is 67% on New England. The line has moved with the action from -8.5 to -9.5. Variables are split on the game but favor New England slightly. Models favor New england. Public numbers are Neutral for betting purposes. I am going to give this game a complete pass. I have mentioned this before that you are not going get rich taking favorites of -8 or better in the NFL! On the other hand with my models favoring NE and variables slightly favoring NE Its all an offset for me.
Betting is 65% on Virginia tech. Line movement is contrary to the action from -3-102 to -1. Variables are completely absent on the game. Models slightly favor Virginia tech. Public numbers hint at Pitt…but not enough to give it much significance. A pass.
Public is 61% on Utah and the line has moved with the action from -2-102 to -2.5-114. Variables strongly favor Oregon St. Models slightly favor Utah. This game right now is a pass for me. But could change depending on the the numbers look before game time.
I will look at both of these games before game time to see if there are any changes.
Might be some possibilies tonight in nba and nhl. I will update these also before game times.
Now onto the swing trades. If you have taken these you are most likely vomiting profusely every day the market opens. This is the nature of these types of plays. They rarely catch the exact bottom and can be some very dramatic downswings. This last few weeks is more then usual but none the less within what you should be ready for. That is why you have to manage your trades with a % of your bankroll….similar to what I reccomend on sports.
Now saying that we are still a bit off an exit on these trades. However if we get a good rally from here with a strong rally tomorrow may be some exits before the close tomorrow. We will see. Also if we get a monster move to the upside from here some slight possibility of an exit today…but not likely.
Good Luck Today