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.buying swing +GMEP OVERSIZED at .09 2.50 may GM CALLS .

Posted: Thu Apr 30, 2009 2:51 pm
by MMASSASSIN
.buying swing +GMEP OVERSIZED at .09 2.50 may GM CALLS . I am here continuing on the bullish positioning on autos with a strong stake in GM calls 50 cents out of the money. mental stops at .07 area on this entry. these are high risk calls here if the markets were to pull back with the day lows being lost I would exit this full stake even if the mental stop was not reached I remain very bullish but se on my formulas some risk of a stronger market shake but with the technical breakout we had yesterday a strong market shake should not be sen for another 2 days at the least.