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Old 01-13-2012, 10:13 AM   Nav to Top  #1
Junior Trader
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Join Date: Jan 2012
Location: Metro DC
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Default Hello from DC

Hi guys, first let me start off by apologizing for what my neck of the woods has done to the markets. Second let me say I am not involved in any of it!

I am a trained economist currently working as an investor, I earned 50% last year which has me stoked about this year. I am currently working on the paperwork to launch a new fund, but that is about 6 months off at least.

In terms of what I am investing in now:

Tiffany&Co: At $59 is a steal of a deal for the company. Although I really don't see it hitting $80 again. I think it will hit $70 by May but I am hoping by April.

Bank of America: at $6 a share I see a little profit if the market continues to rally. I would really like to be out of it by April and my target price would be $8, depending on the market conditions though I would sell out at $7.50

Now, I would be utilizing covered call options on the above plays- limits risk and allows me to pocket quick cash.
__________________ , Investor Savant teaching others how to invest.
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