Tuesday, April 1, 2008

Traveling Again

I am sitting in an airport on another trip. I therefore sold my GS calls for a profit this morning on the opening strength knowing that I would not be able to babysit them for a couple of days. Everything else seems to be doing well and being long is paying off. GRMN is the only stock that I have a little concern about.

I am planning to trade around a core position on all my stocks this week until volume tells us which way the trend is going. I have another stink bid in for GRMN at $52.50, but otherwise, I am just planning on my AAPL calls finally breaking out (RIMM and their earnings will affect this big time) and my long positions to gradually appreciate as we roam around in this trading range.

By the way, I plan on exercising all my existing April AAPL calls. I also see that ANSS received an upgrade this morning and is bouncing back. Life is good.

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