Monday, May 24, 2010

Trade Update: "ABC"

"ABC" is acting well. We are currently up 4.5% on our net cost basis. The market continues to be in poor shape. I am surprised that it did not continue its bounce from Friday. There is a lot of risk right now and I am concerned about which way it will go. It is tempting to pull the trade with our small profit. If "ABC" can continue to hold during this period, we will be in a great position. Check emails for updates.