MOJO Swing Trade Newsletter 12/27 DIA PUTS ADDED

Published: Fri, 12/27/13

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Friday December 27, 2013

Hi MOJO Swing Traders,

DIA PUTS = Market is getting weak and we up 5 points from an earlier 70 points. We going down now. MOJO has 100 DIA puts. See Image for Second buy - avg $.75

DGAZ= Sold HALF at $8.07 avg 

DGAZ

FROM EARLIER =

It's Friday - Only (2) more trading days of 2013. Have a great weekend. Business as usual after this week as 2014 is not NEW and starting.

DIA PUTS = MOJO mistimed the trade - the party will not end but it is going to. See where the options open today and the MOJO plan will be to avg down one time here and next week on a bump down we can get out even or make money. See how it goes. Model has 50 Puts now getting 50 more today - scaling in.

NUGT= have the Jan $27.00 Covered Calls Expires Jan 18th so we set. These renters are high class, paid $2,300 rent. . The stock is $27.80 now and our cost is $26.25.

DGAZ= Selling HALF at $8.00+ 

I am so excited about 2014 and the future of the CANSLIM system I use to pick stocks. We get better in time like a fine wine. 

This week is going to be a very light trading week with the Holidays upon us. 

Here is The MOJO Day Trade Room Holiday Schedule:

  • Christmas Next Next Day, Friday December 27th = Room will be open until 12:00 Lunch Time with light trading
  • New Years Eve Day, Tuesday December 31st = Room will be open until 12:00 Lunch Time with light trading
  • New Years Day, Wednesday January 1st = ROOM CLOSED


Thanks for watching, and profitable trading!

ProTrader Mike
email: info@mojodaytrading.com
website: http://www.mojodaytrading.com

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