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Daily Archives: May 16, 2011
This week’s trades
I set up the following trades today. A put spread for NFLX today (long 230 put, short 235 put, exp this Fri), $50/pair of contract. NFLX’s 20 day SMA is 237. I chose put, b/c of higher profit. A … Continue reading
Posted in Today's Trade
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Cautiously bullish.
Both Chartadvisor.com and Schaeffersresearch.com have a bullish view long term. Near term choppiness is expected, however. With fear rising, Greek issues and the ramifications of IMF turmoil (its ability, or lack of it, in helping Greece out of its financial … Continue reading
Posted in Market Condition
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