Friday, July 9, 2010
Traders Market - Summer Duldrums Continue - Buy at DOW 9400 - Sell at DOW 10400
I will continue to be operate like a trader during this uncertain summer till September. I believe that the bulls and bears continue to be locked into a match that will not get resolved this summer. Additionally, given the volatility within the markets, I believe cash should be raised to 5%-10% at DOW 9400 and 20%-30% at DOW 10400. Additionally, I am seriously considering re-allocations from actual stocks into purchasing call options. This strategy should be especially good at controlling risk and profiting from the market volatility. In my case this involves high beta stocks like CLNE, AAPL, ADSK, etc. If I do not need to change this strategy one should be able to make some money using this trading range.
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About Me
- Mark
- I have a passion for investing and surfing.
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2010
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July
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- Sold FSAGX - Gold Mining Mutual Fund Today. I ...
- Monday July 26th Trading Will Likely Start with So...
- Sold 100 Shares of CLNE and Bought 2 Calls -CLNE ...
- Waiting for DOW 9400-9700 To Start Buying
- Cramer Thinks We Are Out of the Summer Duldrums?
- DOW 10400 - Market High for Summer Duldrums - Time...
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