Thursday, April 30, 2009

Position Update

Today I exited my SPY position for a $1748 gain and have taken two bearish positions.

I entered 400 shares SDS at $61.85 (currently $63.68). This is a leveraged short position.

I shorted 400 shares NTRS at $57.03 (currently $54.36). I detailed this setup in last night's report.

I was tempted to take the 2 grand in profits at the close, but decided against it and will stick with my profit targets.

Trade Alerts were sent to subscribers during the trading day.

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