Elwood: El: OK Relax, I didn't get a fill at $49 1/4. So your 'umble servant managed to predict the first surge to $48, then the drop back (but not quite to $44) then the second surge. (The sell at $49 1/4 was going to be a quick in and out). However, I did not expect these actions to be telescoped into one day. So I want to think about it before deciding if this is the surge which eventually takes us to $52 slightly before or slightly after earnings. My Sweet Fanny Adams prediction also provided for a blockbuster announcement, which could expand the range up to $58, on a spike. I assumed the announcement, if any, would come at earnings although this was not necessarily so. Today's "phantom annnouncement" has queered the pitch a bit and I would like to know more about it.
(CRUS will do fine. Since my average is only $8 (bought at $7 and $10) I'm doing very nicely, thank you, and expect to do much better.
I notice that CMPL was up today, too.) |
