$OSX cratering
#1
Posted 07 February 2007 - 02:01 PM
#2
Posted 07 February 2007 - 02:38 PM
#3
Posted 07 February 2007 - 02:43 PM
If the drillers make a turn around from this configuration, I will be damned, all of the large blocks came on the sell side for 5-6 days now and the price volatility expanded on the downside only to make it back to the resistance, you would expect it to test the validity of the lower support at a minimum and that's 135-136 level, so you would expect to shoot below the rising trend line and see whether the bid is waiting there...
The dollar weighted statistical mean of the open interest in between the calls and the puts, or the max pain , is near 135 for the next 2-3 months. So, I would guess it will oscillate below and above at a minimum until it finds the appropriate support to move forward or break down...
Obviously, the resistance is intact so far...
- kisa
Cramer exactly knows who is manipulating OIH ... And it is not me.
It is on the charts all over...so simple and predictable just like what you would expect from a man-made stock market simulation software.
#4
Posted 07 February 2007 - 02:47 PM
on heavy volume led by my BHI ....
after covering almost %50 of Qs in the last two days, BHI became my lasgest short position...
I do need the market do the same for a combo today
XD,
Did you ever cover any of your Semis?
#5
Posted 07 February 2007 - 02:51 PM