Just been trying to watch the money flow more , and playing earnings/fundies game as usual..
usually find a play here and there , to chip away at hehe...not always shorting though , keeping more of an eye on bottoming action and money flows. CHKP/ISSX for instance both leveled off a few weeks ago , and the bios lately <GG>
** those hits that JDAS and RETK took a few weeks after MANU warned for instance , just seemed the logical sequence of the entire drama unfolding and market caps that were too high . Software one and all got crushed , SEBL was always going to single digits.
Any former momo's all , and any that seemed immune one and all completely got put into a new light in real terms of true eps , valuation and visibility here ...TMPW was a pretty big recent play , it's nice when you know in your heart when they are in the 'teens , they are headed strait for single digits: stockcharts.com[h,a]daclyyay[pb50!b100][vc60][iUc20!La12,26,9]&pref=G
going to be an interesting week coming up...I'm really hoping they bid it up into thursday into DELL's earnings and then crash it again into friday...but there will be profits for all , if you catch them right . (I did go long CHKP in the $14's , just missed it in the $12's for instance, played some MRVL long off of $15 after CSCO's earns, which was a great scalp too...MRVL's money flow was much better than BRCM and many remember that rascal running from 12 to $45!)
Many tremendous plays coming up & the boy still can dream !
;-) |