Thursday, November 08, 2007

IWM at 75

the GEN POPS will surely say im 10% right and 90% wrong..ON MY PUTS .but then again, I understand what IWM or QQQQ or DIA or SPY is going to do next...
SO, my defense against all the nay- sayers
and , the mob ,the "GEN POPS"
below is more...
ripe fodder for all the GEN POPS....

IWM IS A PUT UNTIL IT'S A CALL
IWM IS NOT A CALL UNTIL IT REACHES RSI 30.99



friday the consumer confidence report comes out, and that should help my case and sink the IWM down to RSI 30.9


TRICKLE UP ECONOMY won't start again till SMH is done doing it's tanking...its a put until its a call at $32
and for good ness sakes, if your going to buy SMH, buy IBM,INTC, HPQ at the same time
IBM has a great buy signal, just under it's 200 day...103 or so...

4 comments:

Anonymous said...

Z, Howdy

Looks like a old friend of yours,
CRDN, bounced off support at 55 today, what do ya think about "calls" in nov/dec to predict a move up?

or is the stock headed for fish bait........???

Mac

Anonymous said...

Fish bait..................


Mac

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Anonymous said...
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EMAIL ME !!! anytime