PeakTrader.com

[administrator]

Wed: Top Buys GM DOW INTC Top Sells SPY IWM

Primary Trades:

There's an excellent chance of a severe correction in the current quarter, although it's uncertain if the market will continue to rise first. However, SPY Jun 130 and IWM May 75 puts remain buys and should eventually make gains.

Secondary Trades:

GM is volatile with its low market cap.

DOW and INTC are relatively undervalued, and calls may partially hedge SPY and IWM puts.

------------------------------------------------------------------------------------

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.