Jim, as I said, I was looking to go long, with calls, over the next month, for reasons stated in my previous post, and I did. Most are already in the green. Monday may be ok for entry, but the bottoms some of the techs offered up today means I can get out with a better gain sooner...so in my mind going long today, on the dump near the lows, is a better pecentage bet than waiting till Monday.
I could easily live on the flips, long & short, just with NEWP $10 down & $10 up = $20+ just about every day. It is there for the taking....
Also like calls on SEBL, GLW, ORCL, EMC, the SPX and OEX....for one month time direction only....
Like I figured, they shook it good today, partly due to the trip-witch, squared up the book, to clear the path for some long gains next week. |
