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Swing Trade

By Brett Goldstein on Mar 02, 2007

Just went long on ICE at 141.00. I put my stop at 140. Looking for 5 pts.

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This entry was posted on Friday, March 2nd, 2007 at 10:51 am and is filed under Annotated Analysis. You can skip to the end and leave a response. Pinging is currently not allowed.


5 Responses to “Swing Trade”


By Eric K on March 3rd, 2007 at 7:38 pm

What’s the point of using a stop at $140?? With this type of volatility in the market you’ll be stopped out in seconds. I’m looking to get in under $130.

By sean on March 5th, 2007 at 12:22 am

120ish

By CL on March 5th, 2007 at 7:45 pm

ICE is volatile now. I think it will hit $135 and bounce to $140 - 142.

If the market goes down further, ICE will move to the $120 area.

What’s your take? What about NYX?

By Brett on March 5th, 2007 at 9:05 pm

Hey CL. Yes ICE is very volatile and a great way to make alot of money. I have bought a put on ICE every other day or so along with RIMM. I always have puts recently to hedge my portfolio against these drops. It has been very lucrative to far. As far as my take on NYX, I actually just bought some shares at 82. I do not see NYX going below 77. Cramer said that this should be at 200 in 2008. Hope this helps

By C L on March 10th, 2007 at 1:50 am

Can you see how ICE is going to trade next week? I see some selling pressure this week, but looks like $130 is the resistance now. I am seeing ICE to go down to $120. Can you share your thoughts and the short-term TA please?

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