SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Trading with Jerry Olson(OJ)

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Jerry Olson who wrote (1306)12/18/2003 11:04:38 AM
From: Jerry Olson  Read Replies (1) of 1617
 
BTK---THE BP BIOM HAS RUN UP FROM THE LOW AT 28% TO 76% REVERSED BACK DOWN TO TOUCH 52%, A PERFECT 50% RETRACE BACK DOWN..AS OF THIS WRITING IT HAS REVERSED BACK UP TO 58%. A 3 BOX REVERSAL.. I WANT TO SAY THIS DCC CHART LOOKS EXPLOSIVE TO ME. I WOULD CONSIDER OPTIONS ON THE BBH FOR JAN. I WANT TO TELL YOU THE BTK HAS BROKEN THE LARGE DOWN TREND LINE TO THE UPSIDE FROM THAT SEPT TOP, IT CAME BACK DOWN LAST WEEK TO TEST IT AND BOUNCED UP NICELY. 487.74 IS THE 61.8% PROJECTION 100% AT 508.54 AND THE 161.8% AT 542. THE OLD 52 WEEK HIGHS ARE AT 510 I SAY THEY GET TAKEN OUT. THE OLD HIGHS FOR THE BBH ARE AT 140..I THINK THATS HISTORY TOO.

BUY THE JAN BBH 130 CALLS---BBH-AF COST ABOUT $3.90 I LIKE THIS TRADE A LOT. BOTH THE BTK AND THE BBH CHARTS ARE SETTING UP FOR A LARGE POP...GOOD LUCK...

from my sunday newsletter
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext