January 10, 2011 4:25 PM | 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.
The music & video stores industry was the best performing industry on Monday. It gained 4.75%, as Netflix, Inc. (NASDAQ: NFLX) jumped 4.79%, and closed at $187.88.The nonmetallic mineral mining industry added 2.10%, and in the space, China GengSheng Minerals, Inc. (AMEX: CHGS) added 5.49%, and New Gold Inc. (USA) (AMEX: NGD) gained 2.41%.The sporting goods stores industry jumped 1.94% today. Dick's Sporting Goods, Inc. (NYSE: DKS) founds its place among the gainers in this sector. Cabela's Incorporated (NYSE: CAB) added 1.72%, and closed at $22.53.LKQ Corporation (NASDAQ: LKQX) was the top performer in the auto parts wholesale industry on Monday. LKQ Corporation (LKQX) jumped 3.00%, while the auto parts wholesale industry gained 1.92%.The sporting activities industry traded 1.92% higher, and Life Time Fitness, Inc. (NYSE: LTM) added 2.93%, and International Speedway Corporation (NASDAQ: ISCA) jumped 0.88%.
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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