Wednesday, November 3, 2010

JTX - Breakout play

  1. I just bought some JTX at $1.04 as a breakout play. Expecting $1.20
  2. Added some VTRO at $5
  3. Added some MTSL at $1.80
  4. Closed 73 GS Nov 5th $160 puts at $1.10 (these were bought at $.80). Markets seem to be weak as expected so bought 30 of the same puts again at $1.11. Waiting for Fed QE2. If market rallies, I will take a small loss and close the otherwise I will let them ride.
Good luck guys!

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!!!