May 16

sun 5-16-07: Close Trade

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Decision time for SUN. In the morning, it was looking really good. At close, it closed higher. We are only .60 cents away from breakeven with two more days left. Right now, we have made $76/option with a cost of $90/option. Close to a 100% profit.
Analysis of the charts show that we are in a consolidation period. This means it is going to be a rough ride until Friday.
Remember, we can’t always hit “home runs”. This is better then a loss.
For EDUCATIONAL USE.    Commodity Futures Trading Commission, Forex, Futures, Equity and options trading has large potential rewards, but also large potential risk and may not be suitable for everyone. You must be aware of the risks and be willing to accept them in order to invest in these markets. Do not trade with money you can not afford to lose. This is neither a solicitation nor an offer to Buy/Sell. No representation is being made that any account will or is likely to achieve profits or losses similar to those discussed on this document. The past performance of any trading system or methodology is not necessarily indicative of future results. All information provide d on the Blog is for educational purpose .


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