.selling swing CIT 1/2 at 1.41 23% PROFIT $-) . CIT has Es m
Posted: Fri Aug 14, 2009 3:56 pm
.selling swing CIT 1/2 at 1.41 23% PROFIT $-) . CIT has Es monday before the open and I am here locking in for the first time half of the profits from the 1.15 entry. This was a 2X oversized stock stake and now I am left with a still aggressive 1X oversized stake that we will hold into mondays Es. The risk of doing so is obviously strong. Big smiles on this swing the second one on her, the first yielded 100% return from .80 to 1.70 but this isent bad either $-) though short of our 1.60 target. By the way the possibility of a much larger market retrasement to as low as dow 8800 I see today as a stronger possibility and I am starting to focus on financials as puts opportunities.mind you close to a 700 point MULTIWEEK RETRASEMENT IM WARNING OF HERE. just a head up on a possibility that I see as real.