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Joined: 28 Dec 2005 Posts: 12182
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Posted: Fri Jan 25, 2008 7:32 pm Post subject: Mon: Buys AXP PFE QQQQ IR RMBS CTIC Sells None |
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Mon: Top Buys AXP PFE QQQQ IR RMBS CTIC Top Sells None
Primary Trades:
AXP long-term calls are expensive. So, it may be better to buy the stock. However, AXP Apr 42.5 or 45 calls may be best for a short-term trade, e.g. on a one-point pullback to 44 1/2. PFE long-term calls are buys on pullbacks.
Secondary Trades:
IR and RMBS long-term calls may be worth the risk. QQQQ short-term calls may be buys below 43. CTIC remains the top biotech buy.
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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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