Tim is saying we are in the midst of a rally that will carry us to the end of the year. Well, i have like 2 calls, one bought yesterday and the other YHOO as a spec for a buy out from someone. I would vote for AAPL to eat them up to guard against GOOG since they now compete in the mobile space. My calls have been waiting for some action and i got them cheap. If Tim is right, it will be easier to trade the rest of this year. But i feel the best direction will come when the next PREZ is picked. I could care less who wins...
I think the GDP this thursday might be the last gasp for the bears to cash in. Thus, i held one FXI put. I am wondering if i should have sold it anyway... but i am NOT a trader. So, jumping full head into puts at the sessions end today in not my DNA nor was my buying calls yesterday(shoulda bought an index call instead of PCX).
So, from my experience the following REALLY SPIKE from alot of buying. So, believe me i am scanning the calls on these top perfomers from their respective sectors
tech/telcom: AAPL, RIMM
internet: GOOG, BIDU
ag: MON, POT
energy: PCX, HK, FSLR.
AND if you want to get in on monthly dividends... HTE, PWE, PVX. They are indeed cheap. for example if you bought HTE which pays out about $.25/share. 1000 shares = guaranteed $250 a month. these are the stocks that i am seriously looking into buying.
Tuesday, October 28, 2008
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