Hey Swamp Rat, er Oracle, er....Foxx, Welcome back!gggg
I agree with the 598 part of the story, HOWEVER, the daily down trend line is at 607 today with the daily STO pointed down like a couple of snake fangs! My guess is that we meander around here for a while bumping our heads, then head south - back to the primeval swamp. RR has the bottom rail of the channel at ~ 588, maybe we go down and bounce off the rail! I dunno.
Went back to cash yesterday when we closed below the trend line, but hey, what the hell do I know?? To wit nuttin!! ggg I just remembered all the times I have tried to pull this little stunt, never been successful, got hung up in the position every time, on and on - ad nauseum. Barf! So yesterday I decided to turn over a new leaf (fig) and expose myself! gggg
I hope (HOPE) QQQ > $40 holds. Last evening it went up to around 40.30 after the close, so I have my fingers crossed. Bot some Dec 43 calls for 3.60, just trying for a little pizza money.
Good luck if you decide to cross the Delaware today.
Paul K. |
