Thursday, May 17, 2007

GGP and more rambling IYR +grow

ASTI is 80/20..at 7.80...and 100 to 1 at 7.40..if asti even goes to 7.40...AT ASTI $7.40 there is zero downside...downside is none...this is absolute perfect entry price...

only thing is, i don’t know if ASTI goes this low...IT”S the 30 degree upward 50 day buy signal....extremely accurate buy signal...I’ve showed twenty of these 30/50 type signals since this blog has been going, and not one has given false signal...

well, i didn’t know what else to do on the blog, so here’s my 2 cents, on a question from the comments section....JOHNNY3185, (3185, that’s his bank card pin number)....just kidding, for land’s sake.

GROW, holds at the 200 day...grow has a long history of holding at the 200 day....this is like the 7th time...so go with the past....80/20...grow holds... GROW no options... US global funds ... hot....

MAY 17 , 2007....
my continuing quest to buy IYR at the low....GGP, gives a nice clue as to when IYR at the bottom....


there’s still more downside left on GGP, but the falling knife can be caught at $55.6, without getting hurt too much....downside, China tanks, (pullback), then that tanks us, (starts our pullback)...GGP JULY 50 CALL....try to get it for around $6.80...right now it’s selling for 8.80...
I bought ANDE and I shorted the QQQQ’s. This is my way of being all in cash. I think the market tanks FRI, I’d like to see one more Black Friday, one more time. Hopefully before the decade runs out. Expirations Friday, used to be ruled by the bears. Now it’s pre-dominantly ruled by a coin toss, that’s flipped into the air, by a mentally deranged gang of bulls.
Watching HCP, NEM, GDX, DRIV,ASEI,RGLD,BBH,and possible UIC, short....the thing on BBH calls....the 170 call at $9.50 is the only good one....and HCP ... the june 30 call is ok..fair...
Zee

3 comments:

Johnny3185 said...

Hey Z, thanks for your input on GROW. lol @ bank card pin number! Actually, 3185 is where the Nasdaq will be in three years...
Anyway, I agree with you on ASTI. That's one strong 50dma line.

Anonymous said...

Z,

DNA look like it could set up a 30 degree in next month?

Mike

zstock7.com said...

Mike for some reason, this medicare adjustment has all the biotechs coming down harder than i thought , so im waiting for DNA, under $75
zee

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