Buying Swing: buying UPYNM at .80 area PALM 13 Feb puts OVER
Posted: Tue Jan 19, 2010 2:43 pm
Buying Swing: buying UPYNM at .80 area PALM 13 Feb puts OVERSIZED as a tech hedge. PALM is showing weakness and even thug larger short term she looks bullish, here multiday I see multiday negatives trying to clear. If tech was to fall PALM should lead the way so using her as a hedge after last weeks run up. there is also the possibility of PALM remainign weak despite a move higher on AAPL tomorrow that would most likely lead the markets as AAPL has today .