Wednesday, March 5, 2008

SKF

I already have 3 positions averaging about $124 so pretty set here. I think the next leg will be Friday when we should get over $130.

If market rallies then need to add to my UYG position taken yesterday. My goal is to book both in the green!!

3 comments:

Goldfinger said...

I picked up a couple more July $120 calls this morning at $22. 4Q Mortgage delinquencies are reported tomorrow, and then unemployment and payroll data comes out Friday. Not gonna be pretty...

Peter said...

Mortgage delinquencies?? I though it was pending home sales numbers that are released tomorrow. Jobless claims as well, they will all be very ugly.

Goldfinger said...

Yes, pending homes sales data is also released tomorrow. Forgot about that one...