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Interesting Web Site for Option Trade Ideas

Is anybody familiar with this website:  http://www.marketintelligencecenter.com

Most of their newsbyes look like this - and include an option trade idea:

Western Digital Corp. (WDC) NewsBite - WDC Hits New 52-Week High
Posted on Thursday, February 21, 2008 2:22 PM
Western Digital Corp (WDC) opened at $31.00. So far today the stock has hit a low of $30.69 and a high of $32.4. WDC is now trading at $31.85, up 1.21 (3.95%). WDC has hit a new 52-week high today, beating the previous mark of 31.70 set on December 11. WDC hit the new high on higher-than-average volume. As of 2:07 PM, over 5.7 million shares have changed hands, well over the stock's daily average of 4.8 million shares. Technical indicators for WDC are bullish and steady, while S&P gives the stock a bullish 4 Stars (out of 5) Buy rating. If you're looking for a hedged play on this stock, consider a July bull-put credit spread below the $22.50 range. WDC hasn't been below 22.50 since a brief trough last month. The stock could lose up to 29.3% and this trade would still be profitable. [LHF- Seven Summits Strategic Investments NewsBite]  

I haven't spent any time evaulating their trade ideas, but it looks kind of interesting. 

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snowman

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snowman

I followed them for a while. I was only interested in a couple of stocks. Those bull-put credit spreads I followed were all successful. That was a bull market, not the bear market we are in. All the rules change. All the signals change. You almost have to reverse everything you learned. WDC bought out the company (KOMG) I made all my money on last year, and I was leaning more towards STX buying them out, however I watched both company's. Profit margins have shrunk considerably, and the whole sector goes down in the spring. Sales and Volume should be up considerably. However Rubidium

http://www.minservice.com/store/Scripts/moreimages.asp?idProduct=12429&minerale=Rhodizite+%28gemmy%29+rich+of+Rubidium+%28Rb%29+%2D+Tetezantsio+%2D+Madagascar

http://en.wikipedia.org/wiki/Rubidium

Is not rare, but is expensive in raw form used on disks. Last I heard a company in Buffalo, NY was going to start producing it. So maybe it has gone down. It went up like a 500% and hurt the bottom line. Also hurting them is the foreign exchange rates.

http://finance.yahoo.com/currency/convert?from=USD&to=MYR&amt=1&t=5y

The cost to produce certain goods. The exchange rates are going to hurt certain companies whose goods are made overseas.

Also from what I could see I would be more in favor of STX, because they had the best patents.

I just feel maybe they have it backwards this time (bear-call credit spread)?

The thing about the industry is demand is overwhelming production at the moment according to Government statistics. It is forcast that demand outstrip production and I am not sure technology can keep up. That is why I believe people are still bullish on these stocks. But for the moment Margins are down.

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