sold the rest on the run up. closed the DE puts also. flat again. taking the rest of the day off I think. The WB trade was very good. De looks primed for a fall but the POT news is keeping it up. So decided to take the loss and move on. Good luck today Matt.
As far as the london stock exchange:
Financial results for the nine months ended 31 December 2007 show:
Revenue up 47 per cent to �371.0 million
On a pro forma basis year to date revenue increased 19 per cent; 18 per cent in constant currency
Commenting on financial performance and prospects, Clara Furse, Chief Executive Officer, said:
�The Exchange has delivered excellent revenue growth, with both the London and Italian operations contributing to this very good overall result. In particular, trading on our cash equities platforms has been strong. We are making good progress on integration of the businesses and we are confident of a good outcome for the current financial year.�
I didn't listen to the CNH conference call, but I agree that AG will probably take another hit. The rally yesterday created another opportunity to buy puts.
I am long GME and expect that it will pop in the near term as well. The retail and financial sectors have performed very well lately. It looks like they may have formed a bottom. Are you doing anything with financials right now? BAC has a 7% dividend. I'm starting a position.
Did the london stock exchange report today?
MCD and YUM do look good at these levels.
no just closed out my open put postion on DE after the bounce at 74.00 Bought a couple more puts on DE at the end of the day incase of a pullback. CNH call was terrible. I would imagine that AGco and DE will be underpressure for awhile not withstanding the recent reversals. They have a ways to fall yet IMO.
Looking at exchanges today. London stock exchange reported great numbers. NDAQ and NYX should be in play today. Listened to burger king ceo. He was very very bullish. MCD YUM and BK could all be a recent baby that was throw out.
Also Nintendo and MSFT numbers shouldgive GME a nice pop into the FED meeting.
So short on AG plays still
Long on the exchanges, fast food, and VG sector.
was just checking on POT and MON both good calls. you see CNH? down 25%. wow. Wish I would have bought puts yesterday. I actually thought their earnings would be good. Which they were but I also thought their forcast would be good. It appears AG sector is impacted by the slow down also.
no can't complain. Nibbled on WB today. 7.5% return on Div. CEO says its secure. Take that for what it's worth. had a 34% return on the puts I've sold so far. On any major pop I'm buying that half back...
CNH CC was not good.