June 29, 2008

Market Review and Commentary for July 29, 2008

DISCLAIMER: These are trades I am doing and may not be right for
you. Use your own Due Diligence when making financial decisions of
your own choosing. This is NOT a recommendation of any security.
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A profit of $250 today on AVP and I entered a new gamma scalping position in ADBE (Adobe).

This update also includes additional ‘fine points’ of the gamma scalping process and an updated P&L Worksheet and Analysis worksheet- please replace the one you received.

WATCH THIS VIDEO

Also I closed out my SPY Iron Condor as it was showing a better than 80% max profit.

That’s all for now.

Trade With Confidence