Monday, October 06, 2008

Trade: SSO

200 shares of SSO at $38.64. Stop at $37.74. Initial target is $43.64. Next target is $50.

Thus, I'm risking $200 for the chance to make $1000+. Note that the T2108 is at historic oversold levels and stochastics are way oversold.

1 comment:

Chris said...

Tried to catch the falling knife and saw my $100 gone in 60 seconds (at least it felt that way).