Tuesday, March 24, 2009

RF Sell JNPR and DTO

Sold entire stakes for combined profit of $90.


See if we can break 825 on sp

Update II: We really need tech for another big rally. Until we get a reversal in tech, we can't sprint in the green, in my view. I sold my JNPR and covered my crude oil short by selling DTO. As for the option play on DIA, I liked it for a rally play but I might not get my wish. On any options plays, I am staying small, with a 5 to 10 contract limit on at the money and no more than 40 contracts on out of money (depends on premium though). As for the DIA contracts; if we go down hard they'll be tough to sell, so it could be a total loss.

Update II: Anyone long AMZN here or have a view?

No comments:

Post a Comment