Trades for 31st October, 2012

Trade 1                        The only one!Remember Friday's NFLX trade!

                                  























NFLX                 From our watch list.
             
                           Since we made big money on NFLX on Friday we kept watching NFLX.Stock gaped down after  two day halt due to Sandy. NFLX  bounced on big volume .
                          Entry   68.50
                          Stop     68.40

                          Target 1           70.00                     1/4  +1.50
                          Target 2          we called between 80 and 82.

                          The way NFLX was behaving suggested that there were many moves to shake longs off. So we kept a wider distance from the eye of the storm. Pattern was so evident that a major move was  on the way.
                          Did it ever deliver!   NEWS that Ichans has more than 10% stake in the stock shot NFLX to 84 within minutes.

                         We were all out  @83.00

                         Cannot get any better.
   
                         risk/Return   +.10/14.50!!!     This is a 145 bagger!!

                         Last Friday we thought we had the biggest trade ever. It only took 4 days to take that record.
                        We thank God for this trade. My cup runneth over!.