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Strategies & Market Trends : Buy and Sell Signals, and Other Market Perspectives -- Ignore unavailable to you. Want to Upgrade?

To: GROUND ZERO™ who wrote (46261)2/15/2013 10:56:40 AM
From: gastrodoc1 Recommendation  Read Replies (1) | Respond to of 220993
 
I played the SOXL last year, sold all shares in the low 40's...
Now loaded to the hilt with shares purchased at a cost basis of $24
My plan is to sell 1000 shares every $2, beginning when it hits 40 (so at $40, 42, etc)
I was hoping it'd take longer to get this far, so I could hold the shares a year for tax purposes, but oh well
My other thought is to buy puts when it reaches $41

Any thoughts?


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