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


To: sandeep who wrote (48451)4/10/2013 11:41:17 AM
From: Fintas  Read Replies (1) | Respond to of 221000
 
You trade. I am long. 34 is not a new number for me. It's always been there and I've presented it. Here and now I'm presenting that if a few numbers are hit then the possibility is yes 34.20 can be hit. However if they are not hit then EXPECT a retrace. From my perspective I've a target in the 40's. When that is hit I'll sell unless I see a reason it can go higher. Or I see a reasons that says that's it.

In the meantime I'll be looking for a call that is priced correctly. That would mean if it retraces I'll grab some calls. IF it runs to 33 and STALLS I'll write some covered calls for the 30's.

BOTTOM line is MSFT was a great buy in the teens. A nice buy in off the 25/28.and it appears money is rotating for this day.

Got a dr appoint so hold msft up for me.

Fintas