Thursday, April 03, 2008

Rolling the dice on CF

I'm torn between selling ASAP and trying to get that $22 per call.

CF had a major run-up today in advance of the MOS earnings. That means a strong chance of a pullback unless MOS completely blows out the numbers.

On the other hand, another $2 or $3 ($117 in stock, for example) and we are doing even better.

I am going to gamble and take off the sell order. I will be watching and moving very, very quickly. I do not want to wait a long time because of the market volatility. We haven't seen a market pullback yet, and we will.

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