Monday, April 30, 2012
TRADING THIS WEEK
Hi Folks,
This week I am generally bearish. I expect the week to end lower. I have a couple of short term trade setups that I am looking at. One is buying Weekly Option puts in JCP. I have a short term price target of 34.25. Another is IDCC Weekly Option calls. I have a short term price target of 29.24. I have several others but waiting for a good entry point. I'll keep you posted.
Thanks and Good Trading,
Tim
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