Beautiful
March 24, 2008 – 1:25 pm
Today was beautiful, if you went long of course.
However, you have to be cautious on the overall market, but…
No matter how you slice it, today was a major win– we even closed above 12,500. I expect some follow through tomorrow morning, then some selling pressure throughout the day. I will most likely take profits on many of my positions in the am, however I will not touch my blackberry easter eggs, as the eggs will be golden come Friday.
You gotta love window dressers!
Top pick: [[RIMM]]
Setups later tonight…..
Careful with RIMM.
Good trading.
You trade the long side better than most.
Hence, that’s why you are here on this Godly website.
March 24th, 2008 at 1:29 pmwill take that into consideration, I’ve learned to never bet against a man with a time machine.
March 24th, 2008 at 1:38 pmI bought the RIMM april $115 calls (RULDU) at the open for $4.35. I tried to sell at the close at $6.70, which was the highest trade of the day. It didn’t fill, which is ok with me, because as you say, they should be good. I will probably sell if they are up tomorrow. Then maybe take a gamble on some more calls before earnings. maybe.
Anyway, your advice was great today, like usual. keep it up
March 24th, 2008 at 1:44 pm[...] ron wrote an interesting post today onHere’s a quick excerptToday was beautiful, if you went long of course. However, you have to still be cautious on the overall market, but… No matter how you slice it, today was a major win– we even closed above 12500. I expect some follow through tomorrow … [...]
March 24th, 2008 at 2:11 pm