Market Curiosity: Exploring Markets And Systems

May 12, 2011

Long RVBD Sept 36 calls at 4.90 (update May 13) +15%

Filed under: +06 to +25%, Long Calls — Tags: — Jeff Fitzmyers @ 10:24 am

+ IBD Top 50
+ Price rising out of the dip
+ All the EMA’s are heading up.
– Overbought short term, but should not matter if stock is strong.
– Insiders selling (oops, supposed to check that before buying 🙂
– Not really entering at an ideal time and price, but it’s profitable so far which is a good indication. (and seems like bonds are topping out and stocks bottoming.)

May 13: Sold partial profit +16%, then closed at +15%. The entry was late and the general market seems a bit toppy, so time to be conservative.

Leave a Comment »

No comments yet.

RSS feed for comments on this post.

Leave a Reply

Please log in using one of these methods to post your comment: Logo

You are commenting using your account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )


Connecting to %s

Blog at

%d bloggers like this: