Wednesday, October 10, 2007

Recognizing Errors. Seize opportunities

RIMM: sold Nov130calls@2.37 then bought again @3.00! itʻs annoying to not trust my instincts. leave it alone! if anything i shoulda bought more

VMW: sold Nov105calls@11 and bought Nov125calls@4.5 theyʻre the farthest calls out of the money i could get. and it looks like itʻs getting there. the sad part is 100 was a shoe-in for this company itʻs Jan140calls were .65 now itʻs 5.5!

SNCR: joins the party. bought Nov50call@2.9

STV: sold a bunch at a small loss to get in on calls.

Warning: Retail numbers this Friday, Retail and PPI report at 830am. So this thursday could be a buying op prior to numbers if youʻre confident. Either way, i may buy friday again... with hopes of a pop on monday, tho Citigroup report could be trouble.

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