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Joined: 28 Dec 2005 Posts: 11979
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Posted: Sat Apr 19, 2008 8:15 am Post subject: Mon: Buys GM AMLN YHOO CTIC DNDN Sells SPY OIH |
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Mon: Top Buys GM AMLN YHOO CTIC DNDN Top Sells SPY OIH
Primary Trades:
GM May 17.5 calls and AMLN May or Jul out-of-the-money calls are buys on pullbacks, e.g. GM towards 19 1/2 and AMLN below 30 1/2. YHOO May 27.5 or 30 calls are buys before earnings Tue. SPY and OIH May puts are buys, given volatility should continue.
Secondary Trades:
CTIC and DNDN are top biotech picks.
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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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