PG: 12th Mac, 2008



Posted by lionel319 @ Wed 19 Mar, 08, 09:23AM under My Trades

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12 Mac, 2008 - BTO Apr65c @ $3.27
18 Mac, 2008 - STC Apr65c @ $3.90

P/L : +15%


Comment:-
Trade trigger to sell at 15% profit taking is hit.
Sell because the market is really really volatile, and FED will be announcing rate cut at 2pm later on. To top that up, the counter is already trading at it's immediate resistance level ~~ $67. It is better to take profit rather than to lose money.





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