Tuesday, May 8, 2012

Monday Update

RAX got hit hard after missing by a penny.  However, this was unwarranted given the report showed growth across the board.  I think others believe this as well as it is off it's lows and trending higher on 11 million volume.  Recommend 50$ Jan 13 calls.

GMCR small bounce as expected for quick profit.

Layer into EMC carefully

GOOG, set up a trade trigger to buy 600 Jan 13 Calls when GOOG breaks 600 and sell when it breaks 608 or so, pick your own targets but this has proven a good range to wash-rinse and repeat.

Happy Trading...

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