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Joined: 28 Dec 2005 Posts: 12230
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Posted: Sun Jul 20, 2008 6:35 am Post subject: Mon Buys IP IR WB PFE YHOO DNDN CTIC Sells None |
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Mon: Top Buys IP IR WB PFE YHOO DNDN CTIC Top Sells None
Primary Trades:
It's likely SPX will rise to 1,350 intermediate-term. So, IP calls are buys. PFE reports earnings Wed and Aug or Sep 17.5 calls are buys. YHOO calls may be worth the risk before its board meeting Aug 1st.
Secondary Trades:
IR Sep or later calls may be buys. WB should continue to be volatile. DNDN and CTIC remain the small cap biotech picks.
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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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