Wednesday, January 9, 2008

Taking some Profits on some Modest Trades

Somes bottom fishing panned out. I took off half of my GRMN calls from the table for a 75% gain. Can't be piggish here, the market can whipsaw. Holding some AAPL calls, but I didn't add as the stock went up (which I usually do). We need to be cautious here because that bounce didn't feel final.


However, I really want to be holding AAPL ahead of MacWorld next week. It is a trade I have been planing for months, although I heard yesterday that Fast Money is now also planning this trade. Oh well, that may still work out for me.

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