Friday, June 29, 2007

pbw = solar.... LEH .... AGG= danger...

LEH 68 up to 79 ..up 11 ..down 11 = 82 \ 71

only problem is LEH may decide to test 68...but who cares...LEH has a minimum $4 dead cat bounce...

PBW ...sometimes solar stocks will follow this index.( the solar companies index fund)....


PBW is getting toppy...therefore, solar getting toppy...Plus PBW tends to stay in a well defined $1.25 channel...
AXP july 57.5 call at 3.20 /3.40 looks good ...support at 60.6 approx...
MSTR looks like it’s ready to take off to test 115 finally july 90 calls...
Buying
XHB 28 call / 2.65...call up 7 down 7 channel match...= 80/20....nothing ...hurting housing today, its just down...but Mon ISM report at 55 looks very good....I won’t be surprised if XHB up 5% or more on mon...BUYING NYX end of the day...
CAL gapped up so that sort of threw me, when i thought about shorting at 34....so im 50/50 on CAL short...GS could be wrong about top price target...
zee
NEXT WEEK
AGG makes a great market top indicator, because AGG mainly deals with inflation / interest rates...at 99 = 50 day, critical test

.failure to top 99..means market could melt down, just like it did when AGG test 200 day early june failed...AGG can fail right now at the 200 day...(doubtful, because inflation news has been good this week...

What does 80/20 refer to?
80/20, refers to the strength of the buy signal....
80% of the time the trade shows a profit within three days, mostly it’s the the next day...
20% ..means i have to hold ten days to get the profit or re-enter at my downside price....( I try to post the downside on every trade)

90/10, refers to multiple buy signals, that confirm each other.

100/0..100/1...refers to overwhelming evidence, that i have nailed the bottom price to within 10 cents.( this signal only shows up in stocks whose 50 day has moved approx..4% higher over the last 20 days.....= zero risk to capital...( on this blog the signal is referred to as 30/50, a 50 day ma line moving at a 30 degree angle)
70/30 =30% chance i have to re-enter at my downside price...
50/50 is a coin toss...

You could have bought this today,
ATI JULY 105C 3.20
AXP JULY 57.5C 3.60
BSC JULY 140C 3.80
CTX JULY 35C 5.20
GD JULY 75C 3.40
GS JULY 220C 3.00
LEN JULY 30C 7.00
MSTR JULY 90C 5.50
UNG JULY 41C 3.00
XHB JULY 28C 2.60
NYX JULY 70C 4.30
ITS ALREADY UP 10%...

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