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Joined: 28 Dec 2005 Posts: 12643
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Posted: Mon Apr 24, 2006 7:48 pm Post subject: Tue: Buys MSFT Sells SPY PCU |
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Tue: Top Buys MSFT Top Sells SPY PCU
Primary Trades:
SPY Jun 132 puts are buys on market bounces.
Secondary Trades:
The following are more risky trades:
Calls: MSFT may rise into earnings Thu. May 25 calls may be best.
Puts: Copper remains severely overbought closing above 310 cents. PCU may trade between 95 and 100 with the potential to fall below 95. May 100 puts may be best.
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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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