Pretty confident I will get some profit out of these. AA price seems too low now. If it goes any lower I will average down just a bit.
Sure it seems that way. But what is the catalyst to move it up? It will move up . . . someday. I'm just not a big believer in the "recovery" myself. The materials sector is out of favor right now (FCX is starting to look attractive). My heart says yes to AA but until we see an upturn in the economy or the charts, I'll watch. So yes I do like it and no I don't (check out my name). I have to go with what will make me money now but keep an eye on AA until I see a move. Options is a smart way to play it. You'll do okay.