Posted On: 12/18/2012 12:44:04 PM
Post# of 474
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$CVX Stop out 110 for 2% loss
Well, in hindsight I should have closed out on the first close above the 200 DMA, but it really looked like it could retrace. Now the squeeze is on and I have to move out of hte position and look higher. I think that the next target is 112 but I'll have to evaluate the pattern before taking that short.
$BAC short is still in play although out of the money for me as per yesterday's 11 dollar short and AAPL is up 4% for me right now as per my entry at 512. I think that $AAPL can rip to the 20 DMA at least. I have a break even and I'll be taking 1st half off once I am up a little bit more probably to 540 or so.
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