Tuesday, July 14, 2009

GS - No real direction for this stock today...

No real direction for GS today. The stock opened at 148.98USD today, 07-14-09 and closed at 149.44USD yesterday, 07-13-09. If the stock closes below yesterday's close is bad news and if it closes below today's open is even worse. I purchased some real cheap puts this morning and will sell them tomorrow as they are front-month puts:

Filled Buy to Open 20 +GSSG Limit 0.12 09:56:08 07/14/09

Did not commit any significant cash here as the stock showed no real direction based on tech signals. Let's see how this very small trade does tomorrow.

Enjoy trading!

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