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Joined: 28 Dec 2005 Posts: 12643
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Posted: Thu Feb 16, 2006 6:13 pm Post subject: Fri: Buys None Sells SPY OEX |
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Fri: Top Buys None Top Sells SPY OEX
Primary Trades:
SPY Mar 128 to 130 puts remain a relatively safe bet, given fundamental and technical factors, including slowing corporate profit growth. SPY may fall below 125 by mid-Mar.
Secondary Trades:
If the market opens high, OEX Feb 590 and 585 puts may be very cheap, with huge leverage.
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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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