155450
#1
Posted 20 July 2007 - 07:03 AM
Update: You should be gone now at 156425. I can't imagine that anyone paid more than 154800. 14.25 is a nice profit. I have a downside target of 155450, but I'm not eager to short too soon. This is op-ex week, so we will need a good looking set up to trade.
I'm not short, for the above reasons, but I'm also not long. We'll likely bounce there, but I'll see as trading gets going. They rarely shellac them on OpEx.
Mark
Mark S Young
Wall Street Sentiment
Get a free trial here:
http://wallstreetsen...t.com/trial.htm
You can now follow me on twitter
#2
Posted 20 July 2007 - 07:40 AM
#3
Posted 20 July 2007 - 07:44 AM
"In order to master the markets, you must first master yourself" ... JP Morgan
"Most people lose money because they cannot admit they are wrong"... Martin Armstrong
http://marketvisions.blogspot.com/
#4
Posted 20 July 2007 - 08:35 AM
the gap fill could be "close enough". Less than a point off is, well, not much.
Up is certainly more likely than down. Chop for today was my official call on Sunday and I'm sticking to it.
I'm thinking that golf or fishing might be preferred to trading today.
Mark
Mark S Young
Wall Street Sentiment
Get a free trial here:
http://wallstreetsen...t.com/trial.htm
You can now follow me on twitter
#5
Posted 20 July 2007 - 08:37 AM
NAV,
the gap fill could be "close enough". Less than a point off is, well, not much.
Up is certainly more likely than down. Chop for today was my official call on Sunday and I'm sticking to it.
Mark,
You call was on the money. I was just saying your exact target may not get hit, given that the overnighters accomplished their mission by filling the gap and reversed quickly from there.
I'm thinking that golf or fishing might be preferred to trading today.
Mark
I agree. I am just reading a book and relaxing.
Edited by NAV, 20 July 2007 - 08:38 AM.
#6
Posted 20 July 2007 - 08:44 AM
Mark S Young
Wall Street Sentiment
Get a free trial here:
http://wallstreetsen...t.com/trial.htm
You can now follow me on twitter