Hi Jeff,
How'd you conclude that FORE was strong, and where did it go wrong?
Is this pure candlestick charting?
Do you take strategies on just one side of the market, or more complicated things? I think CSCO might be interesting to put a spread on, ie short the stock and buy 2x 50 calls or something. But
I'm not ready to do things like that, too much to calculate, and by the time you've done it, the opportunity is lost!
DDIM - when do you suppose the shorting season is on this baby? A grand total of two analysts have reccomendations on it. They earned 0.13/3 last period and are estimate to earn $4/3 next year or something outlandish. 3-1 split maybe gave it a small pop to jump
on for the downside.
LU - I had two passing thoughts last week to buy 50 puts, too wasteful, I figured. $1.35 earnings last quarter. UPcoming Q is the worst season, expected .04 or so, but what kind of whisper numbers are generating the price hike? Technically I suppose its trying to rally above 60 eventually but it can easily drop to 46. Valuation unknown, lots of scary liabilities from the ATT baggage. When are the RBOCs really going to pony up? They want gov't subsidies, they want to milk the public, and that'll take time - also the bribe money isn't flowing so easily these days haha.
Greg |
