A trading journal site following the in's and out's of the trading day through my eyes. Market sense and commentary. In no way should this be interpreted as a site for recommendations or stock picks. If you treat it as such, do so at your own risk and may God have mercy on your soul.
Tuesday, May 02, 2006
May Q calls - QQQ EP
Bought the May Q calls, QQQ EP (at $0.40) as the RSI 5 dipped below 13. Q's were around $41.44 at the close yesterday and are currently at $41.65. We are due for a big swoop up!
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