GOOG I-Watch

12/06/2005

Dec 6 - Thank GOOG

LOL Can there be another Google?

Covered LEXR 7.70-7.95, so this dog doesn't need Toshiba to prop it up after all. Forgot about this 'bull' market and almost shorted SPEX on that ridiculous 150% move, but boatloads of penny traders kept piling in. Wasn't a bull market for CMTL as it broke badly on decent earnings and stayed down. Sold GOOG Dec calls and scalped them again for +30% and +25%. Traders want to squeeze every dime they can out of this cow so count on more rumors and urgent advice from the experts to keep things volatile.

2 Comments:

Blogger the_spy said...

Why spend so much time and effort on what the popular Wall St talking heads say and think?

Do you use options strictly for leveraged directional plays or have you done more in depth options strategies?

12/07/2005 11:46 AM  
Blogger Tequity said...

true, but it breaks the monotony ona day like today.

12/07/2005 6:56 PM  

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