Monday, March 24, 2008
TRADE CALL
I am buying a small call position in MA(Mastercard) at the open. I will be looking at the $200 calls currently trading at 18.90. I am risking all on it , NO STOPS!!! on that trade.
BULLISH HERE
Yes I am turn BULLISH here short term. Right now I am going to play the contrarian in the market as everyone is saying doom and gloom, I am a TRADER and that's what I will do trade the markets. Last week thursday I wrote that the short side seems to be played out on the short term horizon and more money should be made on the long side in the short term. I can see us getting a pretty sizable move here near term. In fact, I could see us over YEARLY highs in the near future before we turn back down again and get a pretty massive selloff.
So, I am looking to get long early this week on some beaten down piglets. I think some of the tech names should get a bounce. I will say that if we do get a decent bounce and you're in the right stocks this could be a VERY nice time to rack up some huge gains. The best thing is, even if that's the wrong call we can take small loss and reverse.
I think there is a very good shot be go back to the 13000/13500 area in the next couple of weeks and I really hope so and I do think longer term we will head much lower. Allowing for a substantial bounce here will make it better for us to head into some nice shorts for the downside.
One another note I have two stocks that I believe will get a HUGE bounce and if I am correct you can make your year on these two plays. If anyone is interested I will only be sending them privately via email NOT ON THE BLOG.
Have a great week
So, I am looking to get long early this week on some beaten down piglets. I think some of the tech names should get a bounce. I will say that if we do get a decent bounce and you're in the right stocks this could be a VERY nice time to rack up some huge gains. The best thing is, even if that's the wrong call we can take small loss and reverse.
I think there is a very good shot be go back to the 13000/13500 area in the next couple of weeks and I really hope so and I do think longer term we will head much lower. Allowing for a substantial bounce here will make it better for us to head into some nice shorts for the downside.
One another note I have two stocks that I believe will get a HUGE bounce and if I am correct you can make your year on these two plays. If anyone is interested I will only be sending them privately via email NOT ON THE BLOG.
Have a great week
Thursday, March 20, 2008
TRADE CALL :OIH $180 PUTS
Remember options expire today so cash out of those OIH 180 puts purchased @8.75 today!! tomorrow is a holiday so all March options expire today. Seem we can get $15 on them so almost a DOUBLE, wow just totally rocking here
POT and CF PUTS
In my notes last night I made mention that i bought these put at market close yesterday. I was too slow to post them for readers to even play them and will watch them today. I think my options will open up 100% as far as I can see by the pre market quotes. I am so sorry I didn't get those out earlier yesterday so many of you could play them.
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