Wednesday, March 17, 2010

SUCCESS STORY

Hello Jerry,

Just want to let you know of a few recent trades. On Feb 26/10 I bought 20 apr 24 ip contracts (Shane's picks) for $1.35. I sold half of my position on Mar 4/10 @ $2.10 for a 50% gain and the remaining 10 today, Mar 17/10 for $2.60 @ 92% gain.

On Mar 4/10 I set up a bull put spread on ip selling the 25 put and buying the 23 put it expires in 2 days and I'm up $2350 so far (max gain is $2500). I also set up a bull put spread on rimm selling the mar 65 and buying the mar 60 which I'm up $1500 (max gain 1550)

I wish I was still in class because of the wealth of information you give on the markets after the lesson.

Mike N


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