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farooq

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farooq

Re: EspressoCoffee post# 8787

Friday, 01/05/2007 5:17:36 PM

Friday, January 05, 2007 5:17:36 PM

Post# of 31925
EspressoCoffee

Good observation, I think un till we take out 42.50 on closing basis it is great trading market with upper band @ 44.70.
JMHOP.
One can make more money in non-directional market in short term, I must admit NERS is working fine so far.
I have a put a bearish call spread at close I am long Feb 45 and short Jan 42 if Jan drop more then 60 Cents my Fab calls will become free, any thing more on down side is gravy,
I think we have pretty good chance to see 42.80 in coming week.
Farooq

Farooq
This post is for educational and amusement purposes only, and is not to be interpreted as trading advice. Consult your financial adviser before placing any trade.

http://investorshub.advfn.com/boards/board.asp?board_id=4514

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