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To: skinowski who wrote (130463)3/9/2006 10:18:27 AM
From: bcrafty  Read Replies (1) | Respond to of 209892
 
ski, I'm going to ruin my reputation as a bear... ;)

Naah. If anything, it further solidifies your reputation as an anticipator ;~}

On the daily it looks like it hasn't yet broken the upper trendline of the downtrend after the gap down on 1/18. And although it's oversold on the weekly, it still looks to me like it's in a C down from the 1/04 high and will take out the 9/04 low of 19.29. That together with the uncertain SOX picture would give me pause at this time.

What is your stop and your target on this trade?



To: skinowski who wrote (130463)3/9/2006 12:05:02 PM
From: cybersaavy  Read Replies (2) | Respond to of 209892
 
So far this counts fairly clean and could be nearing the end of its correction.

ttrader.com

cs



To: skinowski who wrote (130463)3/9/2006 1:24:57 PM
From: Galirayo  Read Replies (1) | Respond to of 209892
 
[PDE] You've just been hiding your Bull Side Well. lol

>> Chit!, I'm going to ruin my reputation as a bear... ;)<<

Thoughts ?? It found good support yesterday on the 30 Strike. Maybe it'll test it again ?
stockcharts.com