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Monday, November 1

Just closed my long position on US STEEL X.

Looking at the daily chart of the SPX, it seems that we have made a double top. I am wary of a correction, hence, I am selling my profitable long trades in the metal names such as US STEEL which hit my buy order at $40. see my focus list… http://tradedragon.blogspot.com/2010/10/tradedragon-focus-list-suggested-buy.html

I have closed it out at $43.5 for a nice 9% gain.

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---> The_Big_L: hi, I will be back after 3.30pm today, I am waiting to get BAC at $11 and $10.8

Okay, gotta run to my exam. Happy trading peops.

1 comment:

Unknown said...

nice job idol....I closed my MOT @ 11.23 I don't like AAPL move. My BAC still pretty good until elections. Give me a stock to make money.

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