March 13, 2012 9:33 AM | 1 min read
20-Year Pro Trader Reveals His "MoneyLine"
Ditch your indicators and use the "MoneyLine". A simple line tells you when to buy and sell without the guesswork. It’s a line on a chart that’s helped Nic Chahine win 83% of his options buys. Here's how he does it.
Shares of Xilinx Inc (NASDAQ: XLNX) gained about 0.6% after the company declared a quarterly cash dividend of $0.22 per share, up from $0.19 per share in each of the immediately preceding four quarters.Shares of Goldman Sachs (NYSE: GS) gained about 1.4% after the bank raised its three-month copper view by 5% to $8,400 a metric ton. Goldman Sachs earlier expected copper at $8,000/ton. It also lifted its short-term view for zinc, lifting its three-month forecast to $2,100/ton, versus $2,050/ton.Shares of Dell Inc (NASDAQ: DELL) gained about 0.7% after the company announced its plans to buy data security firm SonicWall Inc for an undisclosed amount.Marsh & McLennan Agency LLC, a subsidiary of Marsh Inc, reported that it has bought KSPH LLC. The terms of the deal were not disclosed.
20-Year Pro Trader Reveals His "MoneyLine"
Ditch your indicators and use the "MoneyLine". A simple line tells you when to buy and sell without the guesswork. It’s a line on a chart that’s helped Nic Chahine win 83% of his options buys. Here's how he does it.
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