Tuesday, May 1, 2007

My latest trade !

In my observation, the market is due for a pullback following yesterday decline.
Hence I entered a position to take advantage of the pullback.

I just bought OEX .OEYQN OEX May, 2007 670 put for $3.6.
My target is that the DOW will pullback to 12.990 - 13.000 area.

That's around 73 points move.

Let's see if my stock pick yields another profit this time.

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