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Old 12-01-2008, 03:14 PM
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Join Date: Aug 2008
Location: Miami beach
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Default .selling swing GM 1/2 at 2.75 and C 1/4 at 2.65

.selling swing GM 1/2 at 2.75 and C 1/4 at 2.65 . I am dramatically brining down my positions on autos now o the possibility of a stronger market pul back, after selling 1/2 of F friday at this same level and GM 1/4 friday much higher at 5.35 I am now down to a 1/4 position on both plays. The market should pul back now multiday and am targeting 8200 on the dow before I again renter aggressively into autos solars and financial as well as AAPL calls. these pull backs could not work out better towards the larger strategy, unfortunately by the time this email goes out F in particular has already pulled back significantly. Big smiles we should be able to next time around position into december calls at more reasonable lower levels not possible if the market did not shake.
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