VMW is struggling to keep things up. Bot Nov85put to go against my nearly extinct Nov130calls. wish i cleared this loser earlier. the future for the company still bodes well. itʻs parent company EMC did meet earnings. but the market is ignoring the news of housing problems as reported in MER write-down of housing loans.
tomorrows housing and jobless claims data will hopefully define direction ... i may just let the Nov130calls die... itʻs nowhere near recovering this week or ever. i just want a pop in the data either way...suprise up or down....
eco reports next week inlude:
consumer confidence & spending, construction, hourly pay, etc...
btw, AAPL dove accordingly 2days after earnings report...recovering about midmorning... i canʻt wait for earnings season to end and capitalize on AAPL & RIMM potential...
BIDU reports very late (8pm EST). lotsa buying. wondering if expectations are too high...i will let the market settle and possibly straddle this beast. if anything i will run to BIDU far away from the crazy U.S. Economy.
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