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Strategies & Market Trends : The Residential Real Estate Crash Index -- Ignore unavailable to you. Want to Upgrade?

To: ChanceIs who wrote (124110)5/20/2008 11:06:42 AM
From: Smiling BobRead Replies (1) | Respond to of 306849
 
Smells like January in the spring.



To: ChanceIs who wrote (124110)5/20/2008 11:29:48 AM
From: Tom ButtramRead Replies (1) | Respond to of 306849
 
COF is finally showing some weakness.Any thoughts on how low it could go in the next couple of weeks?TA wise it looks like 48 or so in the next few days.That would line up the lower line of the ascending triangle it looks to be in.Or...could this move be strong enough to break thru to the downside?I"ve got some June 50 puts I"m looking to cash out on soon and I don"t want to get too greedy and have it rally back to 50 just in time for June opex.


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