OTC BB Pulse: Daily and Weekly Stock Picking Challenge

[bbgold]

Hi Caradoc,
I think that we are near a bottom. Especially if nothing happens in September. I forgot that Sept 11th will be a holiday. Markets should react to it much as they did July 4th then. Hopefully all of this selling will make for some Great bargains for the Nov to January Affect. This year it might just be the Oct to Jan Affect though. Yes, catching GE around $20-25 might make for an Excellent long term hold. If you do get some Calls then I would look to sell them while they are still trading at a Premium to the share price. If things do start moving Up then you might be able to get an extra $1 out of the contracts over the share price. If you still anticipate more Up then just roll that extra $1 into some longer term OTM contracts and keep the Cash rather than load up on the stock. JMHO though. Thursday the 12th should be a Huge day.
Good Luck Carodoc! Let's see what happens! :^)

Good Luck to All! :^)
PLAN the TRADE and TRADE the PLAN!