4.17.2008

GOOG - Up over $500 after hours!!

Obsevations:

During this options expiration week...

What was bullish last/this week? Solar/Ag's

In a single day,
POT hits $200/share, then corrects 10pts.
FSLR hits $300/share, then corrects 20pts.
SPWR hits $100/share, then corrects 12%.

What was bearish/mixed last/this week? GOOG

GOOG up 75 pts after hours. I absolutely nailed this one..

Whats the point?

1) Sell your stock, if it hits par (ie., $100, $200, $300) for the first time.

2) Fade the trend during options week, for cheap shot at 500%+ gains..

During options expiration week, pay attention to how a sector/stock has performed ahead of earnings, especially during expiration week. You can make a ton if you fade the trend. Puts in AG's and Solar yesterday/today would have done very well. Oh yeah, and GOOG calls ahead of won't be so bad either.. :)

tb

PS- GOOG short term top is around mid april, that looks like tomorrow!

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