12:50pm (EST)
The market has held up well despite the less-than-stellar economic news we got today. The dollar is rallying which has put a little pressure on the bulls but they look determined to take us higher.
In midday trading, the Dow is down 24 points to 10,476. The S&P 500 is off by 3 points, to 1,111, while the Nasdaq is showing a slight 1 point gain and is trading at 2,212.
Folks, we are nearing the end of 2009 and we have profiled over 230 trades this year. Our success rate is about 75% on our trades and most of them average a 100% return. As we close out the year, there are some trades that look good for us to carry over into 2010 and there are a 3 more trades we are adding for today. One is an all-or-nothing trade on Research In Motion (RIMM, $63.56, up $0.38) while the other 2 trades are a little more “conservative”.
Current subscribers, check the Members Area for the updates.
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