AI
Monday, February 23, 2004 9:53:26 AM
LOW nabbed the upside, now the gap 'n crap (already called the puts from the straddle put part picked up at or near the highs of LOW on Friday. Okay to hold the short/put play until trend reversal (bear flag) we watch for some failed pattern failures by 10:40 to 11:30 and decide where we might have a play upcomin ing HD. I suggest 1/3 profits be taken on the short side by by 10:30 or below 56, leaving 1/3 depending on trend. Information will be mailed on what we'll be doing with HD. We will be posting more about Straddle/Strangle Strategies in the upcoming days for folks to partake of this super profitable and limited risk strategy.
We and going to be able to pick up good profits on the 55 puts after going long the 60 call intraday and long play on Friday and gaining on those and the soaring stock move on Friday. We buy the anticipation and short the news.. Of course we give a few minutes premarket to see how the news is accepted by analysts, LOW looks to be potentially a multi-day short put play.
We and going to be able to pick up good profits on the 55 puts after going long the 60 call intraday and long play on Friday and gaining on those and the soaring stock move on Friday. We buy the anticipation and short the news.. Of course we give a few minutes premarket to see how the news is accepted by analysts, LOW looks to be potentially a multi-day short put play.
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