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Dykstra: Hunt for Bargains

Stock quotes in this article: UTX , CSCO , PH , HAL , MSFT , TXN , DE , CHK , SHG , CAT  

The name of the game is getting back more value than you give up. When I look to make a trade, I will accept nothing less. It a basic theory that may come as no surprise to seasoned market veterans, but is worth reiterating because a lot of newcomers can be intimidated and lose sight of the basics.

If I am spending real money, I want some sort of advantage that will increase my chances of winning. By buying deep-in-the-money calls, my advantage is that I am getting exposure to the world's best companies at a fraction of the cost of the common stock.

In baseball, finding value in trades and players is a difficult and extremely important task that requires a ton of homework and judgment. Meanwhile, the Phillies and Rays are locked in a holding pattern after rain stopped Game 5 of the World Series last night in the sixth inning with the score tied 2-2.

Nails on the Numbers ...

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Dow Jones S&P 500 NASDAQ 10-Year Note
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Oil *
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DOWN
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