[Buying LEAPS Calls on Northfield (NFLD)/Buying Jan '07 15 Calls (VGXAC)/Day Order/Limit $4.30]
Dear Member,
Once again, Northfield (NFLD) has bounced off a support and moved up through the 50 day moving average. I am placing a day order to buy the Jan '07 15 Calls (VGXAC) for a limit of $4.30.
As you may recall, I played a bounce on NFLD successfully a little while ago and am trying to do the same thing again as it approaches its' earnings announcement later this month.
DISCLOSURE: At the time of publication, I have no position in the referenced options or the underlying stock.
Sincerely,
Bill Kraft for
CutLoss, Inc.
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