Welcome Back AOL

Welcome Back AOL

1:10pm (EST)

The bulls are looking for their own 2-day winning streak as they have pushed the market higher today. The bears pushed us relatively lower on Monday and Tuesday and yesterday we mentioned how we liked the action late in the afternoon which has carried over into today’s session.

The Dow is currently at 10,402, up 65 points, while the Nasdaq is enjoying a 14 point gain and is at 2,197. The S&P 500 is chipping in with a 7 point gain and was last seen at 1,102.

“You’ve got mail!” Man, that seems like decades ago…wait, it was.

Back from the dead, AOL (AOL, $23.15, down $0.52) began trading again this morning on the NYSE exchange. Some of you may remember the company pretty much led the charge in the Internet boom/bust days but merged with Time Warner (TWX, $30.56, up $1.36).

It didn’t work out too well and Time Warner has now spun-off the company. AOL has traded to a high of $24.19 and a low of $22.86 today.

There are no listed options, yet, but you can bet when we see a trade we will be all over it like a pit bull on a pork chop if there is an opportunity…

We do profile a NEW TRADE today and we really like the potential of this one. Current subscribers, please check the Members Area NOW for the update.

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GOVERNMENT REGULATIONS REQUIRE DISCLOSURE OF THE FACT THAT WHILE THESE METHODS MAY HAVE WORKED IN THE PAST, PAST PERFORMANCE IS NOT NECESSARILY INDICATIVE OF FUTURE PERFORMANCE. WHILE THERE IS A POTENTIAL FOR PROFITS THERE IS ALSO A RISK OF LOSS. A LOSS INCURRED IN CONNECTION WITH Momentum Options Trading, LLC CAN BE SIGNIFICANT. YOU SHOULD THEREFORE CAREFULLY CONSIDER WHETHER TRADING IS SUITABLE FOR YOU IN LIGHT OF YOUR FINANCIAL CIRCUMSTANCE. THERE IS SUBSTANTIAL RISK IN TRADING. A LOSS INCURRED IN CONNECTION WITH FUTURES TRADING CAN BE SIGNIFICANT. WE MAKE NO CLAIM REGARDING PAST OR FUTURE PERFORMANCE. WE MERELY TRACK EVERY TRADE AND SHOW THE PERFORMANCE OF ALL TRADES THE SYSTEM OR NEWSLETTER PRODUCES. SIMULATED TRADING IS DIFFERENT THAN TRADING REAL MONEY. HYPOTHETICAL RESULTS ARE NOT REAL RESULTS. PLEASE CONTACT YOUR BROKER ABOUT THE RISK OR TRADING STOCKS, OPTIONS OR FUTURES. ALL COMMUNICATIONS ARE OPINIONS NOT ADVICE.

CFTC RULE 4.41 – HYPOTHETICAL OR SIMULATED PERFORMANCE RESULTS HAVE CERTAIN LIMITATIONS. UNLIKE AN ACTUAL PERFORMANCE RECORD, SIMULATED RESULTS DO NOT REPRESENT ACTUAL TRADING. ALSO, SINCE THE TRADES HAVE NOT BEEN EXECUTED, THE RESULTS MAY HAVE UNDER-OR-OVER COMPENSATED FOR THE IMPACT, IF ANY, OF CERTAIN MARKET FACTORS, SUCH AS LACK OF LIQUIDITY. SIMULATED TRADING PROGRAMS IN GENERAL ARE ALSO SUBJECT TO THE FACT THAT THEY ARE DESIGNED WITH THE BENEFIT OF HINDSIGHT. NO REPRESENTATION IS BEING MADE THAT ANY ACCOUNT WILL OR IS LIKELY TO ACHIEVE PROFIT OR LOSSES SIMILAR TO THOSE SHOWN.

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