HI Will, THE LAST MIN WARNING BEFOR THE BIG BIG KAHNA
Just before ORCL dived today..well for about a week now
I'v been digging around..and what happened when ORCL dumped today
confirmed what I'v been working on, on a small scale..
THE LAST MIN WARNING goes like this:
IBM or MSFT..or GE or any listed below, they have such
a huge market cap, that the day they start falling off early
on, or ( open way down ) like ORCL did today..you will be able
to short or buy putts on just about anything you can find.
Just have some dry powder. A big drop in any of the Huge
Caps like them will take the whole market down.
I have my eye on ten stocks, not the index..
ALL of the 10 have over 100 billion in maket cap each
let any one of them dump like ORCL did today, and blood
will run in the streets. ORCL is small stuff to
these guys
GE
IBM
KO
MO
MRK
MSFT
RD
T
WMT
XON
every one has a CAP over 100B with GE running about 170B
and if two or more are late opening, and marked down
as much as 7 or 8 before the bell, hunt for any puts
you can find any were as there will be hell to pay.
The Funds are into these babies so deep ( for liqiud )
it's unreal..and talk about a chain reaction or domino
effect..it will be the last sign before a fast and
furious huge crash, the fund mangers all think they can get
out before the next guy..and most of them will before the
little guy. Just let two of any of the above dump befoe the
Bell, ( maybe just one like GE )...and the storm will be on.
Right now we are still riding the wave of momentum buying,
set it up on the 5th..and the over all market Cap is still
above the 4th..we have not gave back the gaines made on the
5th yet..I now track them segregated into over 100B
( HUGE CAPS )..50 to 100B Very large, 10 to 50B Large,
orcl is in that gang, then 1to 10B mid, 500M to 1B small
under 500m micro..
Jim
Jim
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