.selling swing UAUA 1/2 at 5.00 at 42% pure profit $-) . Thi
Posted: Tue Aug 04, 2009 3:04 pm
.selling swing UAUA 1/2 at 5.00 at 42% pure profit $-) . This is the first exit on UAUA since initial entry at 3.50. This was of a 2X oversized stake now the strategy is to if she regains strength and passes 5.10 would buy back the stake but now a significant intraday negative has cleared on my formulas and a pull back would only be healthy. Looking for pull back to renter this stake cheaper perhaps around 4.50. This greatly helps to alleviate the losses on FSLR options since a 2x oversized stock stake is the equivalent of 10X oversized options stake according to my discipline. Congrats to al who positioned larger picture I am much more bullish on the airlines.---
Oh and by the way yesterday I forgot to send email on a full sell of SVNT at 13.05 area she is close to that level now the reaming 1/2 we had not locked in profits in yet down after bad FDA news.
Oh and by the way yesterday I forgot to send email on a full sell of SVNT at 13.05 area she is close to that level now the reaming 1/2 we had not locked in profits in yet down after bad FDA news.