Monday, January 7, 2008

Trade Update:OIL

We are now short 100 shares of oil after covering the 100 shares sold @ 56.97 for 55.37.
That's a 1.60 point profit or 56.97/55.37 = 1.028 say 3% gain. We are still in the hole with the other 50 shares, but be patient there are a lot of profits to be taken by the insiders.

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