Saturday, November 15, 2008

Trades For Monday

I was really pissed at my self I just sat by and watched the 900pt inteday swing on the DOW. Im going to catch it this time but im not going to catch a falling knife. My entry point to the DIA is anything below 8100 we are trading at 8400 so monday this is what im buying.

DIA Dec 90 put entry 8.75 1 contract.
Short AMAG 100 shares at 34.00 good green to red action.
HOG JAN 15 put $2.60

I an hoing to ride these trades down to DIA 7900 sell and go long the world. The next update will be out late Monday havea good weekend.

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