Greeting Friends,
I already take out all my position at MRVL Call 9 Apr 09 at 70% profit
And take out half of my SD Call 7.5 May 09 at 75% profit.
Set stop loss for SD at break even and try to see if the stock can get to 10$.
There's already 2 days that the bull start to show it strength back again, So I would likely to see if the S&P500 can take it to another resistance at EMA 200. That should be the next target for the bull.
But if it can't hold the support at EMA 89, then it would be another pullback (I wonder if it's gonna pullback more lower from the March lows).
So tomorrow I'll be taking a day off, but if something came up with a good potential trade, I'll post it asap.
That's it folks,
Have a nice weekend
Friday, April 17, 2009
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