Trade Update – Jan 17

A nice surge from HD on bullish housing data today is offsetting the loss on RIG.  RIG options expire tomorrow and I am holding them to let them play out.  There is only value in them if the stock pushes below 55 tomorrow.  With HD and IWM, I continue to hold.  Both stocks trading above the 7 day moving average and on strong up trends.  Below is a rundown of all the trades made thus far.  I am a couple thousand behind John but I plan on catching up.  😉  (remember, we both have pulled our initial 3K investment and are playing with profits)

 

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Posted on January 17, 2013, in Jeffs 3k-100k. Bookmark the permalink. Leave a comment.

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