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Wednesday, November 25, 2009

fyi... GS

I initiated the GS trade, but eased up on some of the purchased calls due to the equity purchase.

Will sell a Jan call when GS gets away from its very oversold condition, and enters an overbought condition. (Could be below 180 judging by today's action.)

1 comment:

  1. Echo,

    Good luck with the trade...
    Happy Thanksgiving and thanks for sharing your thoughts!