PeakTrader.com

[administrator]

Wed: Top Buys DELL EBAY KBH PFE DOW Top Sells SPY MS

Primary Trades:

DELL remains undervalued and Aug 22.5 calls may be best.

Secondary Trades:

EBAY may become more volatile before earnings tomorrow and Jul 27.5 calls, or Aug 27.5 or 30 calls may be buys. KBH Aug 40 calls are a buy on a pullback for a quick trade. PFE Jan 22.5 '07 are a long-term buy. DOW Sep 35 calls may be best. SPY or MS Aug or later puts can be used to hedge.

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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.