MMike, if Q does a stock buyback, I will eat YOUR shorts
they have way too many ripe business ventures to fund
I see on technical grounds only, a bump off 145 after a minor bump off 148 (just happened), then a grind down to 136-138... timing is hard to say, maybe by August 10, then a gem of driftwood... exited all option calls since all all moving averages were scorched on downside... now moving avg will be moving ceilings
to all who scoff at technicals, how many adventures are required?
fundamentals are spectacular, technicals are ominous... supply & demand for products are only loosely connected to supply & demand for stock shares... longterm, totally connected... shorterm, periodically connected/disconnected
Nasdaq: a bump off 2750 (just happened), and a sudden free fall to 2600... August sucks for tech stocks, vacation time, low season sales
/ Jim Willie |
