PeakTrader.com Forum Index PeakTrader.com
Economics, Portfolio Optimization, and Technical Analysis
 
 FAQFAQ   SearchSearch   MemberlistMemberlist   UsergroupsUsergroups   RegisterRegister 
 ProfileProfile   Log in to check your private messagesLog in to check your private messages   Log inLog in 
Log inFast Charts

Fri: Buys PTLC Sells SPX SPY QQQQ IWM TLT

 
Post new topic   Reply to topic     PeakTrader.com Forum Index -> Top Stock Picks
View previous topic :: View next topic  
Author Message
administrator
Site Admin


Joined: 28 Dec 2005
Posts: 12643
PostPosted: Thu Jan 05, 2006 5:58 pm    Post subject: Fri: Buys PTLC Sells SPX SPY QQQQ IWM TLT Reply with quote
Fri: Top Buys PTLC Top Sells SPX SPY QQQQ IWM TLT

PTLC is a long-term buy. The market is testing previous resistance levels, which may hold, and a pullback may take place within two months. So, SPX Jan in-the-money puts are buys for short-term trades. SPX around 1,275 continues to be major resistance, although the risk is it may rise to about 1,290 in mid-January (on earnings news) before starting a downtrend. SPY QQQQ and IWM Feb or Mar puts are buys, because the market may pullback soon and again in late January. TLT should fall into a lower trading range.
Back to top
View user's profile Send private message
Display posts from previous:   
Post new topic   Reply to topic     PeakTrader.com Forum Index -> Top Stock Picks All times are GMT - 8 Hours
Page 1 of 1

 
Jump to:  
You cannot post new topics in this forum
You cannot reply to topics in this forum
You cannot edit your posts in this forum
You cannot delete your posts in this forum
You cannot vote in polls in this forum


Powered by PeakTrader 2.0.8 © 2001, 2002