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Re: -blklabs- post# 633

Thursday, 05/07/2009 12:02:06 PM

Thursday, May 07, 2009 12:02:06 PM

Post# of 4476
Well, I'm glad you asked. I sold my PUTS @ the $10 level for about a 16% gainer. I feel that the current trend to retrace has started but I wanted to lock in my profits.

I then switched to the 1 Minute Chart for another entry of he PUTS. I just loaded the boat on $10/PUTS for May as a swing trade. I am in at $0.70 because I am human and let my emotions get the better of me. I had a bid in @ $0.65 but chased to $0.70.

I think we may see a little selling in the overall market here tomorrow as well. It's Friday and lots of folks hate to hold over the weekend. Let's see if I am on target. If not I sell and just wait till next week.


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