Wednesday, June 1, 2011

Trade Update: GS

We went long on Goldman Sachs for reasons outlined in last nights trade update. Today we were promptly stopped out as the shares crashed through our stop points. Right now there is no clear indication for GS so we are out of the market.

Buy full GS @ $140.63
Stop1-Sell 1/2 GS @ $139.25
Stop2-Sell 1/2 GS @ $137.25

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