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Joined: 28 Dec 2005 Posts: 11965
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Posted: Thu Nov 16, 2006 9:55 pm Post subject: Fri: Buys MRVL OVTI Sells SPY |
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Fri: Top Buys MRVL OVTI Top Sells SPY
Primary Trades:
A larger SPX pullback should take place before the end of Nov. So, SPY Dec 135 puts remain buys (and Dec 136 and 137 puts are cheap). MRVL and OVTI Dec 22.5 calls may be buys on potential buyouts.
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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