Tuesday, October 30, 2007

Ahead...The Fed...

I woke up again...to find what was possibly a missed opportunity. 17% gain on AAPL Dec175calls... And getting out of BIDU Nov470calls with a 9% loss(very acceptable). Alas i viewed the ending of the trading day. If i were a genius, i could have sold those positions - and bot cheaper calls, moving a strike out while decreasing invested risk.

The fact is, whatever the FED wants to do, i think AAPL will go up with holiday buying here... because of the customer base it serves (fanatics, fad buyers, rich people). And FORGET Leopard OS box sales. They are geniuses, the hype behind the OS will move many to buy a new machine with a perceived "free" OS upgrade.

But hey, i do welcome the cut...i will buy calls in:
-AAPL, GOOG, VMW, RIMM, STP(china/energy), BIDU. tho probably canʻt afford them all.

2:15pm (10am HST) is when the craziness begins. . itʻll either be bargain buying or rushing into hopefully the most bullish time of the year! (Nov, Dec, Jan)

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