no way does this get above $42.... failing double top 95/5.... amt works in $4 price channels...and 38 + 4 = 42....downside is AMT is relatively new to me ...it is telecom ....and there is a remote possiblitity a $5 channel might play in which 42.6 is the high..play the AMT JUNE 45 PUT at 4.40 looks good ....
but know ye this.....BLACK FRIDAY IS MAY 18....and the consumers are going to riot, when they e=see the economic report....
may 16 2007 midnight
you are probably looking for a short so here’s one that makes 80/20 sense to me...First of all, forget about Warren buffet, he’s not interested in this company, and yet LSTR went right on up with all the others
.all those foolish investors thought they could push a bleeding pig higher....this really is an EPS failure story DEC making 2.33 a share ...NOW can barely scrape $2.15...together...This is the top $51 is the top.....how many days do you want LSTR to stay there....time is running out.....downside..i dont see too much at this time and if pullback comes next couple of days, then there’s none... zero...
play the JUNE 55 put...and for goodness sakes DOW 13600 is close enough....get some shorts on your BOARD...
short APC and APA ...they think they can join the party with such dreadful eps trend too....
will the DOW make it to 13,600? Gosu thinks it will, so that’s good enough for me. In fact my next try at shorting the DIA, comes at 13,800..(doubtful, dia gets this high)..and the bottom fishing stocks I keep posting here, go up but so far don’t rally. So if you miss the bottom the first time, just wait a couple of days and buy then, as the bottoms are repeating themselves...
IYR, i am determined to buy at the low, this time on IYR. I don’t get many chances like the ones presented today...IYR at 81 / 82 looks like 70/30 or 75/25 entry price...
If i use SPG and VNO and ICF, to help me,
I get SPG 106, triple bottom ..70/30.....and 104 = 200 day = 80/20...
VNO at 115 = 70/30... 200 day = 116, target blown, and then 114 = 80/20
ICF well, that’s 97 thru 99= 80/32 thru 70/30 ...so I’ll just have to see, what happens...
SPG june 105 call is the one i will play...because i can buy 1 contract at a time and eventually the contract price will bottom out and I can look for that contract price to repeat a couple days later, and then move all in...
Same story on IYR ...IYR 80 or IYR 82 ...are the good ones....ICF...options are to overpriced ...at all times...and are useless and dangerous....
zee...
1 comment:
Z, what's your take on GROW? It's sitting on the up trend line, supported by the 200dma, has relatively low rsi reading, and a still kind of upward 50dma.
Post a Comment