BOTTOM BU$$TERS

[skipdeez]

They might be close, they took a big haircut today. I was trading @RYFAM and @RYFAN Jan calls, but I would probably go out to April now, and I would maybe even wait to see if RIMM continues to be weak, the chart looks like it could come down a bit further. Maybe wait for RIMM to hit $65, then go in on the April $70 call. However, RIMM is super volatile, so it could shoot right back up.

http://stockcharts.com/h-sc/ui?s=rimm&p=D&yr=0&mn=3&dy=0&id=p16302317173


Right now I am in XOM April 2010 $70 calls (@XOMDO). Exxon is way oversold right now, and I think it will bounce in the next week or so. They are trading at .89 and I think you can get $2+ out of these at some point.

http://stockcharts.com/h-sc/ui?s=XOM&p=D&yr=0&mn=3&dy=0&id=p16302317173