PeakTrader.com Forum Index PeakTrader.com
Economics, Portfolio Optimization, and Technical Analysis
 
 FAQFAQ   SearchSearch   MemberlistMemberlist   UsergroupsUsergroups   RegisterRegister 
 ProfileProfile   Log in to check your private messagesLog in to check your private messages   Log inLog in 
Log inFast Charts

Fri Watch List: MMM CAT MRK SNDK GOOG AMZN OEX SPY DIA YHOO

 
Post new topic   Reply to topic     PeakTrader.com Forum Index -> Top Stock Picks
View previous topic :: View next topic  
Author Message
administrator
Site Admin


Joined: 28 Dec 2005
Posts: 11966

PostPosted: Thu Oct 19, 2006 5:37 pm    Post subject: Fri Watch List: MMM CAT MRK SNDK GOOG AMZN OEX SPY DIA YHOO Reply with quote

Fri Watch List: MMM CAT MRK SNDK GOOG AMZN OEX SPY DIA YHOO

Primary Trades:

SPX may trade between 1,360 (or 10-day MA) and 1,370 (right shoulder of head & shoulders). A compression from the rising 10-day MA may cause a fall to 1,350 tomorrow or early next week. Consequently, SPY Nov 134 puts and DIA Nov 117 puts may be best on market bounces. AMZN Nov 30 puts remain buys before earnings Tue. YHOO Nov 25 calls may hedge AMZN puts.

Secondary Trades:

If SPX falls to the 10-day MA, OEX Oct 630 calls may be a buy. SNDK may open very low and GOOG may open very high. Consequently, Oct in-the-money or near-the-money options may be bought for short-term counter-trend moves. MMM CAT and MRK report earnings before the open and there may be similar counter-trend moves.

------------------------------------------------------------------------------------

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.
Back to top
View user's profile Send private message
Display posts from previous:   
Post new topic   Reply to topic     PeakTrader.com Forum Index -> Top Stock Picks All times are GMT - 8 Hours
Page 1 of 1

 
Jump to:  
You cannot post new topics in this forum
You cannot reply to topics in this forum
You cannot edit your posts in this forum
You cannot delete your posts in this forum
You cannot vote in polls in this forum


Powered by PeakTrader 2.0.8 © 2001, 2002