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November 1st Trade Continues To Profit

Friday, 04. November 2005

Market is in a strong uptrend with increasing volume suggesting institutional support. 1216 showing support, but no real test of this support level. While its always nice for a big move in the direction of your trade; it can also be difficult to hold as it can go down as quickly as it rose with no "solid support" being established. Next profit target will be set at 1229.75 with stop loss 1219.75 to lock in profit. Calls options will be considered if market continues in the uptrend while finding support.


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