so perhaps it takes an earnings report to sink or swim this stock...IRF moves in $4 price channels 38 = $4 channel ... downside decides to test 39... eps 07/08 unchanged at 2.27/2.51....i also like the fact that IRF is caught between the 200 day upper price and 50 day lower price....rsi 62 is a little unsettling...but manageable...IRF is the first of many many solar related stocks that are about to get killed....P/E’s are just not sustainable...for the short term...
ABX PUT 29.6 = 200 day test ...31 = two top...
FPL CALL watching for 0.38 fib = 55 to get in...
GDX PUT 38.6 = 200 day..downside... look at one month price channels...
MM CALL rsi 24 ...July 40 call = 3.70...probably should have bought it today...Steel sector...
NEM PUT at 40.5 = 50day....had recent bad news ...downside NEM news discounted..goes above 50 day...
ROCK PUT 22.5 = 200 day test or 23.7 = 2 top...
XHB calls is see it in the 29’s and IM buying the JULY 28 callls....
· WALL of worry.....YIPPIE....the dow is climbing everyday this week.....i’m holding most of my long positions.thru FRI.....ECON reports good to blow out and higher than that...thru FRI....then another merger Monday...next week...sweet..
zee
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