Market has not been following the indicators the last two weeks, but not everything failed to work out. Subscribers were told to buy OEX Calls on Monday (11/1/2010) with the objective of a 50% gain before the end of the week. The OEX NOV10 555 CALLS were selling for $1.65. Thursday’s Open saw them soar above $3.00. Trader’s using mental Stops and Limits were treated to a +100% gain.
I should mention, we bought OEX Puts the week before the elections. That did not work out so well, but I am still holding mine in anticipation of a sharp drop starting Friday or sometime next week.
