Monday, November 19, 2007

The 1st 30 Minutes...

Itʻs always been a stomach wrenching part of the trading day. The exception is when the pre-market is Strong in your direction. Today, i sold out my puts in AAPL, RIMM, GOOG. The last 2 having a 20% & 13% gain respectively. Small loss in AAPL. But i banked nothing...

SOLARS continues to buck any down trend. FSLR is a monster, tho i wonʻt chase. STP traded up early on the day, but looks to be a victim of losing interest and profit taking. My guess is theyʻre moving to numero uno FSLR. So, being that my FSLR is basically worthless i held it and STP, well i figured itʻll taper down tho my Dec55put is far from banking...

Financials look weak as i described in an earlier post. But iʻm too spooked to get in there unless the direction is absolutely defined EVERYWHERE.

Oil moved lower today, but iʻm still irritated that it hasnʻt translated at the pump. 30 cents higher in the last 10 days? cʻmon.

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