Looking at PCAR puts,,

…..Pcar very near to running out of steam….upward trend has been broken, today…I still have two or three days, to secure the best option put price….APR 80 put = $3.00 was today’s low price…good entry price…

$63 up to $74 = up 18%
$67 up to $78.3 = 17% ….. 78.2 MET…..

will exit PCAR at $70….How’s that for some short term profit…..PCAR is my most successful stock As far as profits, That I’ve traded….I don’t know why…Probably , because PCAR never fails, at my percentages…The same percentages work again and again….

In july 06 Pcar was supposed to make $4.10/ share for (2007)…today PCAR is expected to make $4.39…not much EPS change, last 9 month’s….

Pcar is expected to make $5.42 in 2008….Which is totally negated, by the fact that last year in July. PCAR was expected to have already made that, by now,….So forward EPS earnings are already built into today’s price…We can throw forward earnings out the door…

So….using 17%..price channel…favors the puts 80/20…..equals enter puts at 78.2 or there abouts, and exit $70…

Pcar mar10 4.39/5.42 .... jan10 6.08/4.22 .... nov25 ....5.92/4.24.... nov12..... 5.92/4.24 oct12......5.74/4.19..... july12.......06/7... 5.40/ / 4.10..