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Trader's Desk Signals for 8/1/2008 A.M. Markets getting hot!

Trader's Desk Signals 8/1/08 Markets going to get hot!

10:15 am

Still Flat Crude oil, on position trading.

Stop out of SP Sept Future with a 12 point gain about 15% on margin.

Was up as much as 40 points. Could of exited many times but looking for something bigger.

We liked T-notes but missed the buy by 2 ticks at 113.08 trading over 115. now, oh well.

I am buying back SP Sept future at 1255 here. Looking for a big move up.

My initial buy on Crude Sept the other day was right at 121.50 we had exited at 123.00For this blog, once a day in crude is tough to enter unless I get a great price. And great prices do come. Remember good entries lead to great trades. Up 420% crude trades in July on posted blog trades!

I am really I Real Estate, trading is a hobby.

Sum up Long again SEPT SP at 1255.

Flat Crude and T-notes.

Richard

View : newhomesbyrichard.com

These are position trades I am taking. You must do your own investigation before trading. These are daily ideas. You must remain flexible in these volatile markets.

Posted by Richard Stabile Bergen County New Homes Builder Realtor on 08/01/2008 09:49 AM

Comments (1)

crude oil, sp futures, tnotes, markets signals, trade, economy, real estate

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1 Comments on Trader's Desk Signals for 8/1/2008 A.M. Markets getting hot!

Richard,

Nice updates !!! I will check in more often as I subscribed to your blog. You should subscribe to ours as well for the Philadelphia Real Estate insight - I also post some trading here and there as I posted when I went in and out of some homebuilders for some nice profits (HOV, BZH)...

Went long FCX today on a pullback for a commodity bounce play next week with copper... was more of a technical play with strong fundamentals... Let me know what you think : )

Philadelphia Real Estate Blog Philadelphia Real Estate Site

08/01/2008 08:20 PM

by Christopher and Stephanie Somers - Realtors - Philadelphia Real Estate (RE/MAX Affiliates)

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