Tuesday, September 9, 2008

TRADE CALL:RIMM PUTS

RUL ML the RIMM January puts are just about a 100% winner in a couple of days.

I am letting it ride here. I think I want a 200% winner!!!!


ONLY WINNERS HERE

MARKETJEDI

SPY analysis

A break of 1232 should lead us to the lows of friday of 1217. Do we flush it out today or will we see it tomorrow.

TRADE CALL Update : ZION

take 1/2 off +$2.20. Let the rest ride

SPY

Target on the downside here is 1232

TRADE CALL Update : ZION

Already +$2. Take half off +$3 and ride this rest with a break even from there.


ONLY WINNERS


MARKETJEDI

LEH

HOLY CRAP. LEH now in the 8's.

TRADE CALL: ZION short

Shorting it here $35.72

LEH

LEH looks like it is going to my original target of $10 in a rush.

NEW TARGET $7

Tuesday Morning

I will not be here for the first hour of the morning but I should be back by 11 am.
Oil looks lower and any substantial gap up should be faded. I still think 1305 is the upside magnet on the S&P and 755 on the ER should be resistance.