PeakTrader.com

[administrator]

Fri: Top Buys GM Top Sells SPX SPY IWM QQQQ

Primary Trades:

SPY IWM and QQQQ Apr puts are buys on market bounces, since the market continues to look very risky.

Secondary Trades:

SPX Mar puts may be buys for quick trades, including intraday trades.

GM Apr 20 or 22.5 calls remain buys.

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Primary Trade: An intermediate or long term trade. Timing can be off substantially. Volatility not a factor. Risk is low to moderate. Potential return is often moderate.

Secondary Trade: A short term trade. Timing must be accurate or volatility must be high. Risk is high. Potential return is high.

Secondary Trades should be generally avoided, although considered. Note: If Secondary Trades are taken, they may affect Primary Trades.