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This One Is Too Nervous To Watch. Pfizer

This is a short blog full of twists. Try to get through it. First a five day chart of Pfizer. chart. In the past week it was up $1.05 and it was the 7th most activity traded stock on the NYSE most active list. It's in a breakout mode. Look at how it traded over the last three years. This breakout mode might last a few days, weeks or months. This stock has a history of moving somewhat slower than most stocks. A second quarter earnings report comes out July 30th. If it's good that could add a touch to the stock's price. Now this. As a general rule stocks and options on stocks in this particular price range are difficult to play and in this case everyone is following the same story. Fred down the street and John around the corner and Mark across town are all dialed into the same commentary. There is nothing that really gives you an edge when it comes to playing it. That's the problem. Here now is a look at the Pfizer "next-week-out" $30.00 series of Call optio

Working The Market To Make $200.00 On A Friday Morning

"Boeing" was nervous on the opening and "Caterpillar" flexed it's muscles in the usual way. I had an hour to spare but wasn't interested in following the market all day so I did some trading, 3 buys and sells and got tired towards the end and closed out the third position to get on with my day. The end result was a $200.00 profit. Here is what it all looks like.
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I could have done better but I am o.k. with what happened. Early Friday morning trading can work well if your focused. I was out in just under 50 minutes."Boeing" closed down the day forty cents and "Caterpillar" closed up eighteen cents. It was a day which was difficult to break their bank.

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