Take Profits on LMT 10-9-16 Posted at 9:57 EDT

As I mentioned yesterday I think we should close the position on LMT now or at least before the close of the day.  I closed my trade shortly after the open for better than a 70% winner.  It’s rare to have a credit spread trade show this much profit in just a week so there is no need to endure the risk of a bounce when we can bank such a nice win on a Friday!

Doug

Click Here to Watch The Alert Video

Click Here to View The Trade Sheet

Comments are closed.