Tuesday, November 2, 2010

My pigs are on steroids today. lol OINK

OINK hit $7.40 this morning and now at $6.9!!! We sent an alert our subscribers on 09/29 when it was trading at $3.90, click here. Congrats if you bought it then! The run has resumed so I think the next stop is $9

My take on OINK - I sold a small chunk at $6.90 and will release the remaining as the price appreciates. Don't chase but buy on pull back.

I closed my GS December 18 2010 $170.0 at $2.70, it was a breakeven trade. I am expecting markets to drift down after the election results and before FOMC meeting. I think markets might not like if Fed's QE is <= $500 billion, which will pull the markets down. Buy the rumor Sell the News. I may be wrong but I may be correct also, who knows? so I bought some GS Nov 05 2010 $160 puts at .80

A general Caution and Advise -As I always advise in my posts, Do not chase stocks. please keep in mind that I am not a Stock Market Analyst or an Investment Adviser to count on my recommendations/alerts. As always please do your DD before investing or speculating, start with a small position, always keep your stop losses in place and emotions out. Finally thank me for your profits but do not blame me for your losses because you are the one who pulled the trigger!!!

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Who is Mr.Incredible?

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New Jersey, United States
Mr.Incredible is a Momentum/Technical Breakout player who trades small/micro cap plays and who saw a 600% Growth since 2006, Yes even in this down market. I am going to post my real trades (including profits/losses) soon...As a general caution and advice Please start with a small position and always keep your stop losses in place just in case....As usual Do your DD before investing. Thank me for your profits and don't blame me for your losses because you are the one who pulled the trigger!!!