1 reply to this topic

[OEXCHAOS]

Just following up. We sent this to Premium ISA Subscribers this morning.

Update: You should be gone now at 156425. I can't imagine that anyone paid more than 154800. 14.25 is a nice profit. I have a downside target of 155450, but I'm not eager to short too soon. This is op-ex week, so we will need a good looking set up to trade.

> Yesterday, we advised confident and nimble traders to take a long around 154750, though we didn't take it for the track record because we couldn't monitor the position for a while. We advised late that traders could hold overnight. That was a good call. We have plenty of cushion, so I'm inclined to say, let the longs ride a bit. I think a 155600 stop will work fine and look to sell at 156425. For the record, we'll be looking both ways today. A lot of new Bulls were minted last night.

[OEXCHAOS]

Heading for my target. But let's not get excited either way. Da Boyz are doing their thing and it's all about premium and expiration. Don't read much more than that into it. Mark