Friday, May 21, 2010

Trade Update: "ABC"

We couldn't help ourselves. We doubled out position on "ABC" at around 3:45pm. The price wasn't the lowest of the day; however, it wasn't the highest either. We got a mid range of the day. We are now fully engaged into the trade and closed the week completely flat on the trade. The headlines were so negative that I am hoping we have seen the worst of this correction and we might have a chance of "good news" over the weekend. Although I am a little nervous, I think it should work out. Check emails for updates and have a great weekend!