Coca Cola (KO) has continued to weaken after dropping below two key moving averages but may be reaching a potential bounce level at a new 2008 low.

Unless stocks suddenly jump above yesterday's highs in today's session, odds are good the major indices will follow through to the downside, on the heels of Wednesday's break of the hourly uptrend lines.

Lawrence G. McMillan reviews the options market in his weekly column for May 9.

Tim Bourquin interviews John Netto, who talks about his philosophy on trading the markets, charts and time frames he watches, and what he thinks the best forex trade is for the short-term.

Professional system trader Art Collins shares his daily biases in the index, bonds and currency futures markets for May 9.