S&P Flat, Cubes Speculator Bulletin Soared

[Capital Essence NewsDesk] Editor's Note: below are just some trading ideas flow from our latest Headlines.

"Cubes Speculator Bulletin"

September 24, 2007 @ 9:30 PM

• Today trading action is considered bullish given the overbought condition.
• The trend is up and it'd not be wise to fight it.
• There is a high probability for a test of today's breakdown point at $50.80.
• A move above $50.60 will confirm this.

September 25, 2007 @ 11:30 AM

• As discussed, we've initiated a "QQQQ October 50 Call Option (QQQJX)" position as QQQQ broke ABOVE $50.60 this morning.
• The "cubes" is consolidating as I type.
• So far so good. As long as it holds above the morning low, there is a high probability for a retest of yesterday's high about $51.

As you can see, QQQQ tested the expected $50.80 level followed a bullish breakout above the $50.60 level this morning.  Further, as predicted, after a brief consolidation, the stock broke out nicely in the afternoon [followed our 11:30 alert] and retested the $51 level (yesterday high). The call option booked in a nice +21% for the day.

You see, successful trading is all about the quack count. If the ducks align, we'll give you a ping in advance so that you'll have sufficient time to "hit 'em hard". When they don't, we'll also chime in so that you can take a day off and go play golf. It's so easy, even a 10 years old kid can do it.

 

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