Tuesday, January 29, 2008

UPGRADE

We caught an upgrade on FLML this morning...continue to hold. Same goes for NYX(still holding). This market can whip you around so I do not want to be too trigger happy and blow out of winning positions so I would keep loose stops. NYX has earnings on on Feb 5th(before the open) so I am takingthat into consideration with the current position. Right now I am probably going to take off half going into earnings. Volume was huge last quarter so NYX should have blow out numbers but you NEVER know how the street will react, anyone who tells you a trade going into earnings is just gambling, not trading! I will update when postions change

No comments: