8/2/2009 4:32:44 PM
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LONG-TERM TREND (> 1YR) OF THE MARKETS: DOWN
BAC (Bank of America Corporation: NYSE)
UYG (ProShares Ultra Financials, ETF: NYSE Arca)
EDQ999.375P (Eurodollar August 2009 99.375 Put Option)
EDQ999.50C (Eurodollar August 2009 99.50 Call Option)
This e-mail is to alert you that The J.E.D.I. Way was stopped out of its long position in Citigroup, Inc. (Ticker Symbol: C) at $3.01 and will protect our gains on the remainder of our long positions with the following protective stops. (See charts 1, 2, and 3 below after commentary on the Dow Jones Industrial Average, for BAC, UYG, and the August 2009 Eurodollar)
DOW JONES INDUSTRIAL AVERAGE DAILY CHART (DJIA)
BANK OF AMERICA DAILY CHART (BAC)
PROSHARES ULTRA FINANCIALS, ETF (UYG)
EURODOLLAR AUGUST 2009 DAILY CHART
Until Next Time.
Thanks for listening; Good Luck in your Trading; And May the force of volatility be you!