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Joined: 28 Dec 2005 Posts: 11984
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Posted: Tue Nov 14, 2006 8:30 pm Post subject: Wed: Buys RMBS Sells SPY |
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Wed: Top Buys RMBS Top Sells SPY
Primary Trades:
A larger SPX pullback should take place before the end of Nov. So, SPY Dec 135 puts remain buys.
Secondary Trades:
A small position in RMBS Dec 20 calls may be worth the risk.
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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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