Well, while I still have doubt, maybe this rallies will carry us a little higher. I got back onto the bu$$ at $44.125. I think that with 27 MM shares traded so far, we might have put a "volume reversal day" here. WE will have a hard time, IMTO, getting over the $51-$52 area, but I will be happy if I can make few trips from $44 to the $49 area.
I also took a minor loss on QCOM, sold at $65.25, I fear that if it acts so poorly in a "good market, the $64 area will not hold in a down market and we could rvisit the $50'.
Zeev
In edit, just took a little profits on the QLTI bought yesterday at $44-3/8, sold at $51 flat. Also took profits from RDRT at $7-9/16, a nice one since this one was just bought at $5-13/16.
In reedit, getting back in RDRT at a small discount, in at $7.25, hoping the bullish trend can reestablish itself (must close soon above $8). |
