Archive for the ‘We all wanna be rich’ Category
Hows the market for ya
If anyone benefits from my sagely advice, they didn’t stop by and let me know.
But BACME at $1.50 topped out around $7.50, nice little hit there.
And .CMC bought at $0.93 popped at $3.75 – score.
My eye right now is on Arch Coal – ACI – I’m thinking around $60.00 by Feb-Apr next year. I’d initially thought $75 by April but I don’t think the market has the legs just yet. The Apr 75.00 Call Option is nicely priced right now, and I may double down with a hold on Stocks, and pick up some cheap options for when the commodity rally hits.
I think GE is a buy too – but definitely a long hold.
Buffet’s got the right idea, now is the time to be buying. – Happy trading folks.
