Vertical Spreads for Aggressive Growth

Discussion in 'Journals' started by Cache Landing, Jan 27, 2006.



  1. Yeah, I'm waiting for a bounce in chips and box makers. Just looking for good bear opportunities. They were strong for too long against the rising interest rates. A few more increased rates are going to slaughter all the EPS forecasts.

    Biotech and Health Care OTOH, very strong for the next little bit. Safe haven stocks, so will make good bull spreads. I would've expected the same of gold/silver, but they are getting hurt too. Can't figure that one out.
     
    #611     Jun 8, 2006
  2. Look at the sox, i almost feel like i made money on that trade even though i took a loss LOL

    This market will be tough to trade between now and end of next week. I will probably just sit it out and not open anything new until we have a clearer direction.
     
    #612     Jun 8, 2006
  3. Benjamin Franklin always said on those commercials that, "a penny saved is a penny earned". :)

    My plan too.
     
    #613     Jun 8, 2006
  4. ryank

    ryank

    Sounds like a good time to take a vacation :D .
     
    #614     Jun 8, 2006
  5. great idea, i only have 2 positions on right now and they need no monitoring. Vegas sounds nice just about now LOL

    cache, where are you from?
     
    #615     Jun 8, 2006
  6. Utah
     
    #616     Jun 8, 2006
  7. ryank

    ryank

    I'm heading to Colorado for a long vacation on Sunday, the market is trying to accomodate me I guess :D .
     
    #617     Jun 8, 2006
  8. cnms2

    cnms2

    "need no monitoring"? What positions?
     
    #618     Jun 8, 2006
  9. well not no monitoring per se, but not much till 2 days within expiration.
     
    #619     Jun 8, 2006
  10. cnms2

    cnms2

    Still, what kind of position are you talking about? I'm just curious, not looking to disagree with you. :)
     
    #620     Jun 9, 2006