August 13, 2012 10:29 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.
BP announced today it has reached agreement to sell its Carson, Californiarefinery and related logistics and marketing assets in the region to TesoroCorporation for $2.5 billion in cash (including the estimated value ofhydrocarbon inventories and subject to post-closing adjustments) as part of apreviously announced plan to reshape BP's US fuels business. "Today's announcement is a significant step in the strategic refocusing of ourUS fuels business," said Iain Conn, chief executive of BP's global refiningand marketing business. "Together with the intended sale of Texas City, thiswill allow us to focus BP's operations and investments exclusively on ourthree northern US refineries, which are crude feedstock advantaged, and theirlarge and important marketing businesses."
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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