Friday, June 19, 2009

 

Pay Day!!

I know a bit premature but our June play looks like a winner with the SPX closing Thursday up 7.66 at 918.37. We are dead in the middle of our green zone which is where we want to be. We placed this play for $1.62 so a $10,000 trade would have made you $1,620 less commissions.

It was a good win this month and almost makes up for the loss we saw last month.

Not much really happened yesterday other than the markets stopped the declines it has seen over the last 3 days as jobless claims data and a report on manufacturing fueled thinking of an economy on the mend.....hmmm.

Until next time.





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