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To be honest I don't think until earnings are block buster I will make much of EMC 135's, I would think that may be the only salvation of my outside the money calls lie in the split, but the split is post expiry if I am correct, so one needs to just overlook that as trade which did not worked, as I write DOT ha taken out 640 and is looking to hit 600 is the next support, we can see on DOT 582, 50 day MA, it is good solid support with intermediate support is at 600, I think that levels is going to be technically a great buy..But this is healthy the market which had gone up so much has lost all of euphoria without any impact on DOW or SPM, it is nothing SPM 12 points, if internets have been so hard someone will need to cover and if you look at hedge funds first quarter has been really bad, the hedge funds are making money, asthey are real pro's these guys might cover at 50 days mA,, fwiw.. |
