Sunday, April 29, 2007

Positions for Monday, April 30, 2007

From time to time, I'll post some ideas for positions and what I think some stocks might do tomorrow. Here are my picks

VZ - Verizon - Probably too late to get into it because earnings will become available before trading tomorrow, but I predict they go down. Have a feeling they'll miss earnings. May set tone for the rest of the telecoms. Put position, let it ride 2-2.5 points

RIMM - Research in Motion - Think they'll go up a little tomorrow - maybe two points. Options are a bit pricey though. Call position,

MNST - Monster - Down about 1.5 - 2 points tomorrow.

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