mstr 109 down to 75 = $34 drop...back in may june of 06. thats a 32% drop...
current situation is 133 minus 32% = 90.5, i think i can safely throw this number out, because rsi at 12 doesn’t seem realistic. So I’ll just have to go with matcthing price channel $34...133 minus $34 = $99..target met...downside...market chooses percent channel and not price channel match in which case $90 is low and 100 to 1...and rsi is 12...like that will ever happen...
yrcw...double bottom and long consolidatin support at 39./39.5 i just like the symmetry on YRCW a trucking company
and i think i can finally call this one...YRCW has a solid support price line and these things tend to go up rather than down...80/20..if you buy YRCW at this price...
CME up $60 down $60 = 80/20 I just don’t know what else to say ...except what goes up $60 dollars usually comes down $60, if it’s CME....80/20...i’ll make money buying at this price
.but i will not buy anything until i see... at 11 am pst is when to decide on puts or calls....thats when meeting is finished and news starts coming out so if pundits are dismayed the news will tank the market and you will see it immediately if you can get to a computer screenDownside on cme...is on previous blog i have $485 as 100 to 1 bottom. So you have been warned..but at this time, i might as well play the 80/20 and not wait for 100 to1...
2/3 cash , better to play the trend after 2pm east time,, only calls i’m holding are LVS june 80 and 85
did you make profit on liz?
holobots4: no lost $40
i miscalculated option price channel
now i know what it is
its 0.80 up to 1.05
its like buying $80 stock and selling next day for $105: only in this case i get to do it 4 or 5 times in a row
zee...ya...
8 comments:
gosu doesn’t comment anymore...he just buys the stuff and moves on...but back in march gosu was one of three people who left me comments, in the comment section....before that, there were no comments and no visitors.
Here’s some of gosu’s comments....
gosu said...
AWESOMEEEEE MAN!! YOU ROCK!
TSL just took off today.
3/22/2007 1:22 PM
3/19/2007 9:21 PM
gosu said...
I think OIH will take out its all time high pretty soon.
3/20/2007 8:56 AM
gosu said...
Hypnotizing...makes me feel sleepy.
3/18/2007 9:24 PM
gosu said...
z-stock, it looks like you are bearish on almost all gas retailers. SU and COP is what I remember.
Whats the confirmation, if the price of crude oil keeps going down, SU is a short?
3/17/2007 9:53 PM
gosu said...
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.
gosu said...
SO, buddy, you think ICE is a buy?
I was looking forward to buy today but was a little disappointed by action in brokerages and lack of leadership from technology.
3/16/2007 3:11 PM
gosu said...
Good call on EXBD
3/16/2007 3:13 PM
Z,
Having read your profile, I now understand the basis for your methodology. Definitely works well. Anyway, do you think it's time to get into SSI ?
HEY JOHNNY GOOD FIND...
Ssi 06/07/08 EPS 1.25/1.50/1.75 and 90 days ago about the same...EPS is obviously in a 16% uptrend...so 20.1..double bottom definitely holds...80/20..or even 90/10...if you’re picking up options try to get the SSI JULY 17.5.. for.. 3.20/3.30..congrats on finding your first 80/20....downside...ben messes everyone up wed afternoon...50/50...
zee
Zee -- whattup? Did you get out of the BRL's... thankin' my stars I didn't catch the puts yesterday...
12 in a row???? (ggggg)
Z, MTH has the 30/50 short sell signal. Which is better? The June 35 put or the June 30 put?
Z, SHLD seems like it's in the zone. Trend line support and low rsi.
AS a rule of thumb...take the option strike price and subtract the stock price from it. In MTH case...option strike price is 40 PUT minus 35.66 (MTH Stock price) = $4.34...at five to six weeks out from expiration. Make sure you are not being charged more than $1.10/1.40 premium..so you don’t want to pay more than $4.34 + 1.1= $5.44...
THE current price for MTH 40 put is $4.70.....well within fair price range....never buy the june 35 or june 30...in this example...
On higher priced stocks (up to $90) keep going up the strike price ladder until you find the one that is 1.10/1.40 or 1.80...to within stocks price and use that option strike price...
This is my last blog...as i’m taking much needed time off..from posting...if you want to contact me ...you can do so through yahoo IM ... holobots4@yahoo.com
Z, do you think AVB is a good value at this price?
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