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• Sunday, August 09th, 2009

QQQQ should die this week, but if it doesn’t then look out for 43.8

I figure I can grab some banks,drugs, and transpo–and INTC, after any dip

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  • FSLR In the front-month series, put players have overwhelmingly concentrated their bearish bets at the 125 strike. This deep out-of-the-money option has 23,214 contracts in residence.

    With FSLR trading near $147 at last check, a pullback to $125 within the next two weeks doesn't seem terribly likely. Nevertheless, it's easy to see why bearish sentiment is ramping up on this solar stock. FSLR has backpedaled significantly from its May peak near $210 per share, and the equity is now in danger of finishing August below its 10-month moving average. Such an occurrence would mark the first monthly breach of this long-term trendline since March.
  • Caldacan
    Z, I dunno if you still have the GENZ, but it's always better to be lucky than good! Upside guidance released just a few minutes ago and the stock is a rip'n.
  • srains99
    Just closed out my FAS puts for a small loss. Still have my QID, DRIV and TOL.
  • Housing shorts are working, Housing stocks might get 2 down days in a row--ahead of FOMC
  • srains99
    anyone like a short on FSLR?
  • I'm looking at FSLR, i can't tell which way it goes on an overnight trade
  • TenYear
    http://www.mylifemytrade.com/

    mylife says IYR is going down.

    real estate and financials are in breakout looking for resistance land. IMO. tread carefully.
  • here is a slightly different view of Cubes
    http://screencast.com/t/KoTA5YKTs
  • Tazman
    ZZZ.....IXYS on the overnight chart? Do you like? Great ideas on the members site.....Loved GENZ overview....

    Your thoughts on IXYS as it fits the overnight chart setup.....?
  • TAzman, how do you find these gems?--lolz---IXYS, always re-tests the middle bb band = $8--exits are probably at 7.30 next few days, until IXYS can work itself out of the negative RSI--
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