Saturday, November 22, 2008

Non Particpating CREE

CREE was sleepining today. Every time the market went up, including the 500 point soar CREE just stayed there, but when the market would go down, it would drop. On the next big sell off day, it will be the perfect sell. Should fall to stock price of $11.00. Bought 1 PUT at stock price $14.50. Look for a quick drop Monday. Remember: follow the trend.

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