Sunday, September 28, 2008

Update on October Open Trades Expiring in 17 days

The markets continue to be very volatile and challenging to trade. This month we have been trading a solar company stock that is very Bullish due to favorable legislation passed earlier this month. These Bull Put trades are retuning 8% to 9%. Next week we will complete an Iron Condor returning 15%. I rarely trade stocks but this month an excellent trading opportunity occurred that was hard to pass on. At least we are making a positive return while the market decides what direction to take. This financial crisis and how the US plans to stop the failure of more firms is keeping investors on edge.

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