There is about 45 mins left in this market and we are dropping through lows, from the market open. GS is stepping on the gas to the downside and has not let up. We were able to close position on the downside from Friday's trading active. Two-Day FED Meeting starts Tuesday with the results on Wednesday is the news from the FED and let see what will happen to the financials.
Update: Markets closed down -200 points with the financial sector closing down 6%. We left .80 cents on the table for leaving the party early, looking to get back into the short side of this trade. May have to wait as earnings and FED are due. Humm!! :P
Milion Capital Research Group - Sold to Close GS - JLY 09 GPYSM 165P, at $27 +14%
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Monday, June 22, 2009
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