Page 1 of 1

Buying Swing: adding GS 170 calls May at .80 area 2XOVERSIZE

Posted: Fri Apr 30, 2010 10:21 am
by MMASSASSIN
Buying Swing: adding GS 170 calls May at .80 area 2XOVERSIZED. Yesterday added the calls much higher at 1.80 and todays fed probe plus the downgrade has goldman on a free fall. My bullish add here at such a low level amounts to a much larger amount of calls with the intent of bouncing goldman as a day trade to make back losses. mental stop is if GS losses day lows. There has been on grand jury put together there has been no sepena, this is only a criminal investigation there have been no criminal charges raised, for the probe was expected if they did not do this they would not be doing there job. The more important story here is the downgrade today.