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To: The Ox who wrote (1564)3/27/2013 10:15:35 AM
From: The Ox  Respond to of 8285
 
VMW upgraded - beware the gap and crap.....



To: The Ox who wrote (1564)4/4/2013 5:36:38 PM
From: The Ox  Read Replies (1) | Respond to of 8285
 
VMW back to where it started with it's big bounce. Looks like it's ready to test the recent lows but it's come down a long way in a short period, from 85 to 75 (AH). Sizable drop for 3 weeks.

Not surprising the first attempt to rebound after it's fall would be turned back. Now will it base, find new lows or turn back? Worth watching as it's falling even more after hours based on FFIV's miss. Not sure the 2 should be equated but the market often shoots first and asks questions later.

I have been trading VMW after large falls, picking up some of the small bounces and getting out quickly. Tomorrow may offer a new opportunity. As always, wait for the turn, don't anticipate unless you keep a very tight stop!!!



To: The Ox who wrote (1564)4/18/2013 10:56:57 AM
From: The Ox  Read Replies (1) | Respond to of 8285
 
VMW found support below 75 for the 3rd time. Last 2, the stock got turned back at the 78.50 area. Let's see what happens this time.....