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Joined: 28 Dec 2005 Posts: 11966
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Posted: Sun Nov 19, 2006 10:17 pm Post subject: Mon: Buys MRVL Sells SPY |
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Mon: Top Buys MRVL Top Sells SPY
Primary Trades:
Intermediate-term technical indicators suggest a 9% or more SPX correction within the next few months. However, it's uncertain if a topping process, until the end of the year, or a quick fall will take place. Consequently, SPY Dec Jan or later puts are buys on market bounces. A small position in MRVL Dec 20 or 22.5 calls or Jan 22.5 calls are buys on pullbacks.
Secondary Trades:
None.
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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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