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Fed is done, what’s next?

Published on May 10, 2007

Fed is done, what’s next?

May 10, 2007

So as expected, there was nothing unexpected in the message yesterday. What’s next?

I am out from my most of speculative trades except the APPB and ADP, both of which are doing great. I closed POT, AAPL, RUT etc, so the funds are freed now and looking for some short-term plays. June income trades are opened and over 50% of investing dolloars are locked-in.

Overall market futures seems to be heading south, so I might choose to play the “losers”. Here is the quick list:

Pre-market gainers: PEIX, NKTR, GGC, AND SPAR

Pre-market losers: RTP, WNG, WFMI, KNOT, CRYP, LUK and ZUMZ

I am personally bias for the losers, I shall let the registered users know via alerts if I find something interesting. Saty tuned.

Profitable trading, OptionPundit

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