Friday, August 31, 2007

Labor Day


Hello Traders,
Well all three positions are still valid. The market has had a couple of good days under light volume. All of our trades have been bearish. The trade most at risk is CAL. Our exit for CAL is buy back the 30 leg if CAL closes above 33.55.
We added to our GS Bear Call Spread and the $RUT Bear Call Spread, since we haven't seen a change in trend as of yet.
Let see what happens next?
Brian Cox

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