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Friday, July 28, 2006

July 28th - Volatility Playbook (Repeats)

Be sure to check out the comments/forum HERE. There are some discussions on some other stock spike situations that could be short worthy from other gurus/analysts that have big followings.

As expected with no Stop Trading segment today on CNBC Cramer has compiled a "Best Of" for educational segments on playing a volatile market.

Cramer spoke about trading around core positions and used OXY Occidental Petroleum Corp. as an example. Of course this is an expensive oil stock that has no shorting potential based on a Cramer recommendation, which this isn't even a recommendation, just an educational example.

Cramer mentioned his speculation index again, but was clear at the opening that these were not to be bought here as picks. Last time he did this is when EZM shot up after hours and lost all the gains the following day as expected.
The speculation index is made up of the following:

RTK Rentech, Inc.
KRY Crystallex International Corp.
IVAN IVANHOE ENERGY INC
TMY Transmeridian Exploration Inc.
NXG Northgate Minerals Corp.
EZM EuroZinc Mining Corp.
JDSU
CNXT Conexant Systems Inc.
FNSR Finisar Corp.
CIEN CIENA Corp.

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