Tuesday, November 27, 2007

Fencing

Tho the Arab dudes bailed out Citi, i donʻt see them bailing out the entire market. The Market erased itʻs loses yesterday... aka many bears got buried (pun intended).

Each day the action in the high flyers open strong one way to end the day the other way. So I guess Iʻll jump on the fense and get a piece of both ends. So, with the FED talking later tomorrow, talk of home sales, and crude inventories... itʻs possible for us to get a strong bull open with a pull-back at days end. Iʻll set my stops/sell at both ends for Apple.
Bot AAPL Dec185call & Dec160put.

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