Thursday, February 09, 2012

 
 
 

 
 
 
 
 
A "second chance" trade that'll make your year
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Tuesday, May 26, 2009
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By Jeff Clark in Growth Stock Wire:

There's almost always a second chance to make a good trade. But there's rarely a third.

For example, oil was a good buy when I first wrote about it back in December. It was trading near $40 per barrel. Within a few days, oil was trading for just over $50 per barrel. Anyone who took the trade enjoyed a quick 25% gain.

If you hesitated, you might have missed out.

But like I said, there's almost always a second chance. The second chance to buy oil came just over one month later when it traded back down to about $40 per barrel and the chart started to look bullish. Once again, I told you to buy oil. And once again, the price moved higher.

Oil is now trading above $60 per barrel. That's a 50% gain in just a few months. Traders had two chances to get in cheap. They're not likely to see a third.

Fortunately, there's no shortage of trading opportunities on Wall Street. While the oil trade has come and gone, we now have a second chance to get into natural gas...

Read full article...

Crux note: Jeff Clark writes the S&A Short Report, a weekly trading research service that helps investors develop a portfolio of aggressive, swing, and long-term trades, mostly in the options market. Jeff has shown his subscribers some spectacular gains, including a 146% gain in less than two weeks on D.R. Horton calls and a 156% gain on a three-day play of Citigroup calls. To learn more, click here.

More of Jeff Clark's trades:

Historic shorting opportunity is at hand

The best short selling opportunity of the year

Start shorting: Jeff Clark's trading plan for the next two months

Topics: Jeff Clark | Trading Ideas | Commodities
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