Friday, August 27, 2010

GDP Comes in Slightly Above Estimates

GDP 1.6% versus 1.4% consensus sends market higher ahead of the open.
Still holding the 2/3 position from yesterday.

Looking to sell 1 contract around 1054.25. Just want to lock in some profits. Will add again to my position if we down tick as I continue to hold expectation of eventual move to at least 1067. You can continue to follow this trade in the comments of yesterday's post...

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