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Strategies & Market Trends : Humble1 and Swing Trading Friends -- Ignore unavailable to you. Want to Upgrade?

To: llap who wrote (7454)	2/8/2012 12:46:11 AM
From: Fintas	Respond to of 41057

You worry too much. I'm taking GE CALL LEAPS as I continue to hold GE core sub 10. Previous calls for March were kicked out and now hold Junes 2012. Recent calls taken are for JAN 2013 and I'm very comfortable with upside of 24.3/25.92/27.54/29.16. Pick a number for the upside. Ge is very close to turning UP in it's RS as compared to both Spx and spxew. That turn will support the numbers presented. NOT IF..but WHEN IMHO However even though I have a SPX 1405 at some point in the future that doesn't mean it can't retrace. While here, after sizing down in drys and bringing cost basis close to 2. All I'll say is it is going higher IMHO Be well and LLAP. SMILE