Asia Was Mostly Lower. Our Open positions are $AAPL and $WFMI
Asian Stocks were mostly lower overnight. Japan's Nikkei 225 and Australia's S&P/ASX 200 gave up 1.5% each, South Korea's Kospi shed 1%, Taiwan's Taiex lost 0.9% and Hong Kong's Hang Seng Index declined 0.8%.
We have our AAPL)" ticker="NASDAQ%3AAAPL">AAPL trade which is in the money at the moment. We will be watching that to see if it hits our price/profit target under $195. We are holding the WFMI)" ticker="NASDAQ%3AWFMI">WFMI position which is currently against us. We still feel comfortable holding it as think the upside is limited. Going to keep ourselves on the lookout for any entries into RIMM)" ticker="NASDAQ%3ARIMM">RIMM, BIDU)" ticker="NASDAQ%3ABIDU">BIDU or PCLN)" ticker="NASDAQ%3APCLN">PCLN today.
GS)" ticker="NYSE%3AGS">GS, and MS also look like they may setting up for a good trade.
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