Tuesday, February 26, 2008

TRADE UPDATE :FNM

Although I never hold trades over earnings I will have an exception here.
FNM short from 29.60 is now 27.00, I am taking 1/2off here as they have earnings tomorrow pre market.
If and that's a big IF they say something about bottoming of the mortgage markets I dont want to give aways all profits here. I still think this stock will be a sub $20 before it is all over.

Taking 1/2 off here +$2.60


Another WINNER!!!

Updates

Well the rail are definitely en fuego here-
CNI +1.45
BNI +2
UNP $2.60

How do you like those calls and opps GOOGLE!!!!!!!!!!!!!!!!!!!

Apple took a 50 cent lost but wow look at it go now would have been +$2 but hey that's just how it goes.
Some very nice plays are setting up here so STAY TUNED

RAILS break out

Rails are breaking out higher as per mentioned last night
CNI +$1
BNI+ $1
UNP +$2.30


They should be in play this quarter.

AAPL update

stopped out -2. should be just a $1 lost with 1/2 share as called.

GOOG down $34 sweet call

AAPL update

moved stops back to 116 on the weak opening. That should make the risk $1 since it was played 1/2 size.

CRAZY RIGHT!!!!!!

If you not reading this blog you are doing yourself a huge injustice financially.
Last week the blog made an awesome call on FNM short in the following two days there were multiple downgrades of the stock.
Once again yesterday I predicted GOOGLE'S death. This morning analysts have downgraded the mighty GOOGLE and now it is down $18 pre market.

READ AND PROFIT!!!!!!!!!!!!!!!!!!