exit price 97 /98 then it’s on to test 88 ,
If the current market condition keeps going lower. ( see DIA blog)
(109 – 19% = 88) = 100% = 100% chance to make money at this entry price..
EPS trending higher last three month’s
LM mar 17 eps est 07/08 on yahoo 4.49/5.40
LM dec 17 eps est 07/08 ...............4.40/5.28
LM june '06 eps est 6.71 for 2007....
DOWN SIDE LM
EPS down 6.71 june 06 now 4.59 down 30%
LM corrects 19%, in previous downturns ...
I’ll subtract 19% from 109 ( last LM high)
LM 109 last current high – 19% = 88 …
= 100% = …chance of making money if you enter at this price…..
Odds favor the buyer by 90 to 10...
I don't have to worry about 70 thru 87 prices...
update, other business.....
EXBD $71 target not met, as of today. See EXBD post for details.
NYX Technical 95 – 18% = 78 = 200 day
Nyx 109 – 25% = 81 Today’s close 81.9
ICE 167 – 25% = 125 Today’s close 126.3
ITG (IF) gets buyout from NDAQ …..ITG gaps up to $60. ITG is NDAQ #1 /#2 Choice
Wondering where DIA is going? see DIA blog...
1 comment:
What kind of action would you look on the morning for LM?
LM was down Friday 2.6% on heavy volume.
Its going down along with the rest of brokerage sector, which is going down on heavy volume as well.
I am really tempted by you analysis to jump on LM, but it is probably less risky to jump on it when it gets to 88.
Post a Comment