VFD,we can have 2 scenario on Monday:
1.Black Monday with my target on NAZ 2900
If that will happen,WCOM can go to 35,
why?becase in crash like that nothing counts,
no fundamentals,no earnings,no support lines
but only EXIT.
If that will happen,it will be a CONFIRMATION of a bear market,with a lot of volatility,DOW going from 11,000
to 9750(this is also my target) and the most logical play
is buy bottoms,sell and short the tops.
2.Monday and the next week,we will get recovery on NAZ to
around 3700 and this will be the last chance for exit before the next decline to my target of 2900.
Remember,next week is an option expiration week, statically, a strong one.
el paradisio |
