BSL - entry 30/8/06

Using the Mickey entry strategy, combined with other signals as illustrated, BSL was a buy @ $6.71 on 30/8/06.

Using CFD's for the trade, most providers will require 10% margin, so we will use that as an example.

7,500 CFD position @ $6.71 will require $5,032.50 margin. (remember to have extra in your account incase the trade moves against you a bit)

If we hit our conservative target of $7.10,  the trade will NET $2,842.14 after brokerage, thats 56.48% net return on investment, and should only take a couple of weeks - all going well.

Disclaimer: The above mentioned information is my opinion only, and NOT to be taken as advice as i am NOT a licensed advisor. Caveat emptor.


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