Back in with Citi (C)

Picked up another 20 jan 13 4.50 calls today after the pullback to last weeks purchase point.  Here is the daily chart, the harimi cross was text-book right before the last 2-day pullback (Not a selloff given the volume was light).  With the tax-cuts moving through today that should help bouy the market into the end of the year and if the Jan effect holds true in 2011 a push through $5 should be in the mix.  Given the higher highs and lower lows since Sept the trend is still looking good.

Happy Trading...