Jim, I missed DELL yesterday, wanted to go short @28, it made it to 27.70 if memory serves, so 30 pennies cost me...
However, I keep playing those ORCL 17.50 puts, ORQSW, up 100% again..
If MOT earnings come in crappy, which I think is a lock, it may just collapse the tech sector the rest of the week.
If MOT has good guidance I would be surprised, am looking to pick some up long in the $10 area. Again.
I agree with you on the naz, and I did say I thought an index retest was coming, before the G-7 or 8....
The trouble is we have no Robert Rubin this time, he could get them in line with a big carrot, that argument might not work this time, because I hear corporate America whining that the strong dollar is hurting them. Like those idiots don't know how to hedge currencies. Heck, if I can do it, why can't a $40 billion dollar US corporation?
A bunch of sniviling schmucks is what we have running corporate America these dayz.....
Yep, Rats have been good, some real good.
What is your take on DPW/LOGC/PRD...all are in a dicey spot, but I like the price. PRD will pop IF it works something out by Thursday with it's banks, if not, uh-oh... |
