Tuesday, April 05, 2005

4/5 Trading

Bot ADBE April 65 calls at 65.7 level yesterday. 65 is kind of support and last break out start point.

Sold today when stock is at 66.9 for quick profit.

This is trader's market. Hold is dying.

Market form a bottom here for short term. Expect a rally to 2060 level.

Missed BSTE. Should chase it at opening. It has big short interest. and 50 is strong support. So even down no much space. And it's highly chasable when it starts to run.

We should find these kind of pre-run stocks. Once it starts to run, chase it.

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