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To: Salt'n'Peppa who wrote (161648)12/23/2011 11:00:46 AM
From: CommanderCricket  Respond to of 206176
 
S&P,

UAL dropped a turd about revenue miles been down 4.5% this quarter.

Will wait for another set up. It's great option trader as I'm hitting something like 8 for 8 at the moment.

Agree with you on IOC. It's going higher

Michael



To: Salt'n'Peppa who wrote (161648)12/28/2011 11:10:01 AM
From: RWS  Read Replies (1) | Respond to of 206176
 
IOC: the channel rules, at least this morning. It is a "B" wave correction of the big run from previous lows. The sentiment that you referred to may be one of many factors. When the market gets hit by the liquidity scare then IOC could easily retest the bottom of the channel around $42. I'm short plenty of other stuff so I'm out of IOC and will sell puts again at the bottom of the channel.


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