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BHI relased 4Q and plummets like a hot one


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#1 A-ha

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Posted 15 February 2007 - 08:25 AM

i hate to say this but told yaaaaaa

Edited by xD&Cox, 15 February 2007 - 08:29 AM.


#2 arbman

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Posted 15 February 2007 - 09:29 AM

I loaded a line of short yesterday on the OIH since the firms put a huge position last week in the options. The customers were either buying or just getting stopped out yesterday. Although the customer volume rose, they were nowhere near the firm volume from last week. I suppose many thought that OIH was going to break over 140 this week... - kisa

#3 arbman

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Posted 15 February 2007 - 10:54 AM

Some woodoo that I interpreted out of my trend-cycle decomposition system, by mid this year...

Posted Image


- kisa

#4 A-ha

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Posted 15 February 2007 - 11:00 AM

Looks similar to what I think tho I dont know the size of your C wave there.... My IT target for OIH is 108

#5 arbman

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Posted 15 February 2007 - 11:20 AM

If ~$125 is taken, the next immediate target is around ~$110, I agree. So far, I am not impressed with the "break down" volume though, I'd like to see the price getting near $130 heavy put support by tomorrow close for an IT developing trend from here. It is going to expire below the max pain levels for the next 2-3 months and this is bearish, I would guess the put positions are from the firms and calls from the customers... - kisa

#6 A-ha

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Posted 15 February 2007 - 11:41 AM

I would say wait till this arctic cold in north east is gone. It is currently -8C in nyc , one of the coldest days of the year. Crude oil should make new lows afterwards imo.

#7 dcengr

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Posted 15 February 2007 - 12:34 PM

Take your profits fast though. I am hearing too much "Iran" in the news lately.
Qui custodiet ipsos custodes?

#8 A-ha

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Posted 15 February 2007 - 01:04 PM

BHI is going to 48 and I am gonna sit on it till I milk the last dime.