Copyright Notice

All contents of this blog are protected by copyright and may not be reproduced in any form without prior written consent from the author. Copyright 2010, 2011, 2012, 2013, 2014 Jawad Akhtar.

Tuesday, October 12, 2010

Reentering RIG

Buying some stock in RIG (TransOcean) at 64.84- Govt lifts ban on deep water drilling - gives momentum to stock price (Almost entered it yesterday but didn't like the market action).  Also looking at entering Nov 70 calls at 1.48 or so.

I am still cautiously optimistic.  Enter positions only if you can watch them.  Positive momentum to market but top may be near. 
Posted by at

No comments:

Post a Comment

Subscribe to: Post Comments (Atom)