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Fri: Buys OEX SQNM Sells SPX OIH GOOG

 
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arthur
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PostPosted: Thu Aug 11, 2005 3:20 pm    Post subject: Fri: Buys OEX SQNM Sells SPX OIH GOOG Reply with quote
Fri: Top Buys OEX SQNM Top Sells SPX OIH GOOG

If SPX pulls-back below 1,230, OEX calls may be a buy (the market tends to rise during options expiration week, next week). SQNM, a small cap biotech, has big upside potential. If SPX rises into the 1,240s, Sep puts may be a buy, since a volatile trading range may continue. OIH is volatile, and oil prices may pullback. GOOG has big downside potential.
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