Daily Archives: August 16, 2011

Adding more BIDU positions, taking advantage of this weakness.

Posted on August 16, 2011 by admin

BIDU is showing some weakness due to some negative reports.  BIDU is a good stock with very strong chart pattern.  This weakness is a good chance to add more positions which I did. Bought BIDU and sold calls (strike $135, … Continue reading →

Posted in Daily Journal | Leave a comment

CRM: roll up before earnings report.

Posted on August 16, 2011 by admin

CRM will release its earnings report on Aug. 19th (Thursday).  I own CRM.  What should I do? CRM has been trading the $140-150 range prior to this recent downturn.  The call option (part of covered call) that I am short … Continue reading →

Posted in Daily Journal | Leave a comment