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Strategies & Market Trends : MDA - Market Direction Analysis -- Ignore unavailable to you. Want to Upgrade?


To: JayS who wrote (33721)11/19/1999 1:58:00 AM
From: KM  Respond to of 99985
 
Pammy cup is Mr. beara's colorful description of a sort of double cup and handle pattern ("Pammy" refers to the over-siliconed Ms. Pamela Anderson Lee <G>). They seem potent. One of the best ones I have seen this year was NSOL back in the August timeframe on forward, I believe. When it broke out of that second handle, I think it's at least doubled from there and probably more.

PSFT never made the second handle. I was looking for it to go sideways for a few days at 20 or under and was going to buy January 20 calls on it but geez, the sucker flew out of the gate and I was lucky to grab the stock in the 19s. I'm hoping it pulls back a bit so I can get those calls. The Novie 20s were a nice play yesterday if you could get them at the open or in the first hour. Probably 3x at least.