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Joined: 28 Dec 2005 Posts: 12643
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Posted: Sat Mar 04, 2006 1:45 pm Post subject: Mon: Buys GM Sells SPX SPY; Buys Below SPX 1,250 |
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Mon: Top Buys GM Top Sells SPX SPY; Buys Below SPX 1,250: WMT C IBM DD KO JNJ PPH EBAY
Primary Trades:
SPY Apr 128 to 130 puts are safe bets at this point.
Secondary Trades:
SPX Mar puts will be cheaper Mon morning on a market bounce, above 1,290.
GM Apr 20 or 22.5 calls remain buys.
Stocks to Watch:
Long-term buys to consider below SPX 1,250: The Dow stocks WMT C IBM DD KO and JNJ. Also, PPH and EBAY (added new charts on page five of Chart Room, and more information, including new buys, will be added at a later date).
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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. |
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