Market Rallies On Intel Earnings – Closing DRQ @ 14% Profit & PCZ @ 21% Profit

July 15th, 2009

Markets sure are rallying strong on Intel’s earnings and outlook last night. On the S&P we need to watch the 930 level very closely as a CLOSE above that would mean the big head and shoulders pattern is void. Still, members and I closed out two very profitable SHORT we’ve had. And ironically, there are still some shorts that are off great for us today – weird I know. The trades are in GREEN below for you all.

DRQ – 14% Profit

PCZ – 21% Profit

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