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Joined: 28 Dec 2005 Posts: 12643
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Posted: Thu Apr 27, 2006 3:19 pm Post subject: Fri: Buys None Sells SPY SPX |
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Fri: Top Buys None Top Sells SPY SPX
Primary Trades:
SPY is relatively overvalued. Jun 132 puts may be best for tomorrow.
Secondary Trades:
If SPX rises above 1,315, May 1,320 or 1,315 puts may be buys for quick trades.
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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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