G20 Insight

G20 giving six weeks on Nov 4 meeting to announce plan for Eurozone.  If positive market bounce coming...


happy trading

Updates

ARAY returning over 10%.  Earnings Monday PM.  Initial look doesn't show support for a large bounce...

RAX jamming.  If you held look at covering at the increased call premium.

TNK back above 6.  Dry Bulk index strong...

Happy Trading...

RAX Sept 13 Calls sold @.90

covered for Fri at 36.  thinking we will get a pullback and get to keep them but am happy if they get called away.

Happy trading...

RAX Potential Again Tomorrow

If the market follows the globe then tomorow is the start of another buyin op.  RAX has held 32 as support through both recent scares.  recommend the covered call at 32 or better.  Or the Jan 12 32 calls at 5 or better.

Need to look at cloud infrastructure, JNPR as well as software virtualization...  VMW and EMC for storage.

Happy trading...

Today's Opportunities

RAX this morning in 34's Jan 12 LEAPS not moving much...  If you sold as a cover, buying back for some profit and sell again on strength.

Picked up ARAY this morning...

APPL 400's going strong

C Jan 13's still a bargain

DNDN pull-back again, speculative LEAPS here

Happy Tradin...