Thursday, July 23, 2009

cut FAZ $41.52

market is so strong...

7 comments:

  1. Hello Pivot ,
    Was that a double bottom on SRS ??

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  2. Are u still holding SRS ?? scaling ???

    please let us know ..

    thanks

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  3. If market keeps going up, SRS's nex bottom out price may be around $14.4.

    Be cautious!

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  4. I don't think market will go up straight , it is been up since 11 days continues , i think big correction is underway ...

    Pivot any thoughts on this ???

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  5. BRCM , MSFT , AMZN , COF , AXP all are huge down in AH in response to results .

    Tomorrow will be profit taking day ...

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  6. This comment has been removed by a blog administrator.

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  7. I am still holding SRS into tomorrow, though they are under deep water (cost at 18.22, AH price about 17.10). I see today's AH ERs are 'bad', but I do not have a plan to load more short positions.

    Let's see how market reacts tomorrow. New high all majoy indexes means market is able to extend more. If tomorrow is down big, I will out my SRS.

    GL!

    ps. I had a problem to login as PT. I posted a comment above as anomy. Re-post this and delete the above one.

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