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Mon: Top Buys QQQQ EBAY PFE STJ Top Sells SPX SPY CSX

Primary Trades:

QQQQ Jul 38 calls are buys on market pullbacks, because of potential uptrend over next week or two. PFE Jan 22.5 '07 calls, currently 2.60, are buys.

Secondary Trades:

Calls: QQQQ Jun 38 calls are buys on market pullbacks. EBAY Jun 30 calls are a buy. STJ Jul 30 calls, currently at 6, may be best.

Puts: SPX Jun 1,280 puts are buys on a high open Mon, for a quick trade. SPY Jul 130 puts are buys near SPX 1,275 to either partially hedge, take advantage of volatility, or for a further pullback after first week in Jun. CSX Aug 70 puts are a buy, on a bounce to about 70, in case of a further market correction.

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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.