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Joined: 28 Dec 2005 Posts: 11979
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Posted: Mon Sep 11, 2006 6:18 pm Post subject: Tue: Buys EBAY RMBS OIH COP IR Sells SPY DIA OEX RIMM |
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Mon: Top Buys EBAY RMBS OIH COP IR Top Sells SPY DIA OEX RIMM
Primary Trades:
EBAY Oct 27.5 calls may be best on pullbacks. RMBS Nov 22.5 or 25 calls are buys on pullbacks. SPY Nov 130 puts and DIA Nov 114 puts are best to buy on market bounces.
Secondary Trades:
If OIH opens low, Sep 130 or 125 calls may be a buy. COP Oct 60 calls are buys on pullbacks. IR Oct 37.5 calls can be used to hedge SPY or DIA puts. RIMM Oct 80 or 75 puts are best above 81. OEX Sep 605 or 600 puts may be worth the risk near SPX 1,305.
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Primary Trade: An intermediate or long term trade. Timing can be off substantially. Volatility not a factor. Risk is low to moderate. Potential return is often moderate.
Secondary Trade: A short term trade. Timing must be accurate or volatility must be high. Risk is high. Potential return is high.
Secondary Trades should be generally avoided, although considered. Note: If Secondary Trades are taken, they may affect Primary Trades. |
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