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Strategies & Market Trends : Buy and Sell Signals, and Other Market Perspectives -- Ignore unavailable to you. Want to Upgrade?


To: GROUND ZERO™ who wrote (30677)4/10/2012 1:06:20 PM
From: Kirk ©3 Recommendations  Read Replies (1) | Respond to of 222196
 
RE: "I'm covering my light short right here in this weakness right this very moment, we're at a major VP"

This AM I bought some of a favorite trading stock at a round, options support level for perhaps a Turn-a-round-Tuesday play. It went a bit lower then turned and is now up a bit. I have a larger buy in my newsletter at a major support level in case this really is just a head fake. This is more like your buying and selling inside your major signals... but I think it is possible this is one last push down before a rally into the facebook IPO when it will probably be a sell-in-may opportunity. they don't want to do too much technical damage before the big IPO.

as chiefy says, think like a criminal.