Wednesday, October 15, 2008

jpm

showing relative strength after reporting earnings....the trading strategy I outlined earlier has been working...but still need to adhere to support and resistance + the overall market to increase my chances of winnings...so far so good...gaining in 40 cents increments easily...don't be greedy and just give it some wiggle room to move around..


Resistance @ ~41.5
Support @ ~40

Going to try to play something in between

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