The LEAPS Trader
105 W. Monument Street
Baltimore, MD 21201
Monday, June 12, 2006
Email – #320
** QQQQ – Lower Your Stops
The QQQQs continue to sell off. Based on the closing prices, we are up almost 100% on this position.
Move your sell stop on the spread down to $38 from $39. This means that you should cover your spread by buying back the VCQ ML and selling the VCQ MP if the QQQQs CLOSE above $38.
Good trading,
Karim
