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Thursday, September 24, 2009

Trades - potential w/the (slight?) pull back

Everywhere I read, everyone says the pull back will be slight. With the horrifically low dollar, and my assessment of the economy getting better, despite the Baltic Dry Index weakness over the last few months, 'they' maybe right. (But I still will have an itchy trigger finger w/the market at these levels.)

With that, below are a few names I am looking at (in order)... AAPL (Jan Calls 175 @ the 10SMA), CHK (common stock around low 27), FCX (common), GOOG (Jan Calls 490, preferably around 480), GS (Jan Calls 170 @ the 14SMA), JPM (common around 42) and PBR (common around 43):

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