Monday, November 17, 2008

Day Trade: Short Market (SPY) at > $88.25

Day trade opportunity. At 12:47 EST SPY is trading at 88.28. Short SPY and sell half of position at $87.00 and other half at 86.25. If SPY rises to 89.00 increase short position by 25%

Update: This day-trade resulted in an avg. gain of $1.65 per share or 1.9%!

No comments: