Monday, June 15, 2009

Pullback

The major indexes are sharply lower and the question is wether the bulls can rally another "buy on the dip" scenerio. Our out of the money July puts are kicking in nicely and we will be patient with the outcome.
Yingli Green Energy (YGE) has been one of the best performers in a strong sector. Will the trend and 21 day MA hold?? We like the risk/reward.

Trade well,
Trader D

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