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Joined: 28 Dec 2005 Posts: 12643
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Posted: Wed May 24, 2006 4:42 pm Post subject: Thu: Buys MXIM EBAY DOW Sells SPY |
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Thu: Top Buys MXIM EBAY DOW Top Sells SPY
Primary Trades:
No primary trades. However, SPX may trade between roughly 1,250 and 1,275 over the next week.
Secondary Trades:
MXIM closed at 31 3/4. The Jul 30 calls at 2.85 may be best. EBAY Jun 27.5 calls are buys on pullbacks. DOW closed below 39 1/2 and the Sep 40 calls at 1.80 may be best. SPY Jul 129 puts are buys near SPX 1,275.
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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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