Tuesday, May 12, 2009

we have some members short at 60.05/stop adjust 59.5 currently 59.30


move stop to 59.5 protect $550

very short term some of my newer members did not get this trade as it is an extremely short term play in fact we are moving stop to 59.80 and if we get stopped out we will take the $250
 We continue to be bullish but it is difficult not to grab a quarter here and there when they leave them right on the table. The larger play stays in tack buy if we get a  decent pullback and take the next train up if you look at this 120 minute chart you can see the areas where we would like to get on board again so to speak