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Strategies & Market Trends : the Women of SI

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To: stock leader who wrote (1651)3/18/2002 8:31:57 AM
From: Don Pueblo   of 1691
 
Everyone voted, and it was decided that I would have the opportunity of applying cOUSIN SHORTY's Hot Moppin' Sauce on your bad self.

Here we go, sit up and grab a pencil!

Range Projection COMP today - high 1882 - low 1875
Range Projection COMP this week - high 1906 - low 1812
Range Projection SPX today - high 1172 - low 1159
Range Projection DJIA today - high 10,655 - low 10,559
Range Projection DJIA this week - low 10,713 - 10,559
Range Projection Russell 2000 Growth Index today - high 282.64 - low 279.27
Range Projection $/yen cash today (let's make it NYSE open to NYSE close) - high 132.41 - low 130.21
Range Projection Euro/USD cash today - high .8802 - low .8768

Your best reward/risk play long term here is probably the Euro to .68, probably before December. Good entry spot right where it is, solid resistance right there at around .89. It's an E ticket ride, so have your credit cards handy when you call, you can't play unless you can get through the front gate.

Your EEEE was a good call a year ago. It looks ready to tank. I couldn't even find a good chart of it, so screw it. Your BFRE was a good call too. You suppose it is headed straight back to 1.36? I'd load the truck right there at 1.36 if I were you. But remember, I am not you. Personally, I wouldn't bother with it at all.

ASCX- you got a triple on that? Good on ya. Short it, and then I will make a couple of phone calls and wipe your account out. Just kidding, you're a CPA so you know way more than me about those financial thingies. Good looking chart, thanks for pointing it out, I will research it. I might nibble on it at .64 when it bottoms out there in two months. Then again, nah, screw it.

APTM - hey here's your Mr. Lucky call. Let me guess, bought it all for a quarter and you sold it all on Feb 28th, on that big volume spike right at the top. 86,000 shares at 1.80 right out into the Prepared and Massaged Sheep/Clients, and then you went out and paid cash for a new silver Porche Boxster. AWESOME PLAY!! It's a real easy 50 cent short here but the reward/risk here is a little higher than I like, about 1/1, so screw it.

CLIC - to the moon by June, eh? Screw it.

You know, your penny deals work great until that time when the one you are "fully invested" in goes kinda sorta the wrong way real bad. Unless, of course, you have some friends or business associates who are familiar with the "ins and outs" of the deal, eh?

Eh?

But all this is just paper, right?
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