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ThePennyTrader

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ThePennyTrader

Re: penny_foolish post# 159

Wednesday, 06/10/2009 5:04:41 PM

Wednesday, June 10, 2009 5:04:41 PM

Post# of 161
SYNJ - I've got a pretty big chunk of dry powder that clears tomorrow morning. So I am going to be taking a good look at the chart and read up on the board some tonight to assess another possible flip tomorrow. If it doesn't gap I will look to take a position fairly early say around the .0035, .0036 range and sell at .0039 or .0040 maybe a little higher, that would be between 10 - 15% in that flip.

If it dips I would look to pick it up around the .0023-.0024 range, and ride it back to .0034 or so, for a very nice flip.

Just gotta see what the market sentiment is first.
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