Thursday, January 10, 2008

Jan 10, Bernanke speech Leak

Trade Of The Day-

Today's big event was the supposed leak of Bernanke speech. Luckily I was only short 200 shares of MHS. I did good on my signals I took and made good stock selection.Traded better than yesterday even though I didn't make as much. Leaving early to go the gym before I have to leave for work. This week has been really busy for me, I can't wait for Saturday to roll around to get some sleep.

P/L= $1,532 on 61c and 6100s

Missed Trades- Airline stocks CAL and DAL were on fire today with the bearish Oil news.

BREAKING NEWS- CFC may be bought out, some shorts just got screwed big time. I thought about shorting CFC but, I knew there was potential for a surprise buyout like we had today, so I never risked shorting it. Buying Calls on CFC is the best hedge one could take right now.

WM, BSC, CFC are heavily shorted and have potential to POP.


Subscribe via email

Enter your email address:

Delivered by FeedBurner


High Probability Trade. Copyright 2008 All Rights Reserved Revolution Two Church theme by Brian Gardner Converted into Blogger Template by Bloganol dot com