DISQUS

StockRake: What Worked Today 10262007

  • romaitas · 2 years ago
    whats up sensei. Great call on the Microsoft options. How do you feel about MSQLH, the December 40 calls. We will have to wait to see what monday brings but do you think it will be on the upswing as 2008 approaches.
  • Sensei · 2 years ago
    yeh I would wait for MSFT to come in a little bit and rolling out to those Decembers or maybe January is better actually at this point...LEAPS might be a good play as well. I own MSFT outright still in one account and want to accumulate on dips.

    I think MSFT is on the upswing at a minimum till December 2008.

    What we are seeing in MSFT "I think" is the begining of a move similar to what AMZN did. MSFT definitely did a breakaway gap.

    Afraid to trade has the chart.
    http://blog.afraidtotrade.com/amazon-teachs-us-...
  • Sensei · 2 years ago
    BTW I got your VMW post, I wanted to wait till after earnings/etc to respond and analyze the move afterwards...