In light of my pending vacation, I am raising cash here, selling out of some of my biggest winners.
I sold out of Corning Incorporated [[GLW]] , north of $16.70
I sold out of OmniVision Technologies, Inc. [[OVTI]] , north of $12.50
And, I sold out of Atmel Corporation [[ATML]] , around $4.10
At the present, my cash levels are just north of 30%.
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le Mouche est Dieu
not holding GLW till Monday earning?
Apparently not.
Selling out of GLW???
ALL of it??
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all of it.
regret it now?
DVAX will go through $2 today
Hope so. That would be just dandy.
Henry, I wish I had paid attention on the pullback. C’est la geurre…
How much of the position will you hold through the weekend if it does go to two today?
Good work…nothing wrong with locking in gains. Your patience has been rewarded and you will be able to relax with a sizable cash cushion to come back to.
Are you on vacay next week?
Don’t forget to stop and say hi to TC.
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all next week. Scorching hot Disney.
I will throw eggs at TC’s mansion door.
I worked as a waiter at the restaurant in the castle at Disney World between high school and college. What a hoot.
FWIW, my sister’s kids, 7 & 12, report they enjoyed EPCOT and Animal Kingdom the most of the attractions.
They stayed at the Grand Floridian, which is there on the property, and said it’s a pretty decent hotel.
Unless there’s something you really want to see outside of Disney & Universal, you can pretty much skip renting a car. There are free/cheap shuttles to most attractions from all the bigger hotels.
Have a great time, Le Fly.
Fly. I will watch the house for you.
Can Steve, Jr. use your PT Cruiser?
Don’t forget your sunblock. Remember what happened at the water park last year.
And don’t forget to say hello to TC.
We stayed at the Grand Floridian too. Very olde schoole.
For fake Disney crap, I mean.
If Fly is smart, he will escape on the monorail to EPCOT fake Europe and imbibe ales all day in fake Germany and Fake Britain.
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How was the fucking rib eye last night?
Actually, I never got around to grilling up one—too busy buying new luggage. The Mrs. insisted on it.
I started FedEx-ng my “luggage” ahead of me. Interestingly, your luggage is a box when you do that.
,
you keeping the UNG?
My positions are posted in PPT.
AMD getting jiggy. Headed back to 4.
Good volume coming into the stock this afternoon.
A couple of weeks ago Fly fed Mother Market a roofie and now he’s gone and had his way with her.
Run , FTK, Run like the wind!
for the GLW’ers… some technical note:
GLW Corning: Earnings release technical preview, potential bull pattern, gap risk
BULLISH CASE: There is a potential bullish flag on the daily chart that has upside potential to the $19.50 area. The pattern will only be valid on a breakout above $17. On better than expected news/outlook the stock could trade to the upper limit of the short-term bearish price channel, the flag, at $17. On a bullish breakout above the price channel the following resistance levels would become upside objectives: $17.33, $17.60, $17.92, $18.27, $18.58, $18.91, $19.25, $19.56, $19.89, $20.20.
BEARISH CASE: On worse than expected news/outlook the stock could trade to the lower limit of the price channel at $16.33. On a bearish breakdown below the price channel the following support levels would become downside objectives: $15.99, $15.75, $15.46, $15.21, $14.94, $14.65, $14.41, $14.15, $13.90, $13.69, $13.48. NOTE: Small short-base at 1 day to cover, with 1.1% of the float short. Traders are positioned for positive news. Reactions on a surprise, especially a negative one given the short-skew, have a high probability of being extreme in duration and price. Very high gap risk.
perhaps you should leave Dennis Kneader in charge of the blog next week.
Quick , put the nets out because if this market closes up 100 points today, there’s going to be people cubs jumping outta trees.
There could be a huge number of dudes ODing this weekend when they’ve all realized they had their charts upside down.
LOL @ j … What time is it down under wherever?
RFMD makin’ Yogi happy.
regret selling GLW?
i regret it already. I had to.
I regret selling my IR @ 23 1/2 … missed 3 pts!
Fly.
You might want to take the family over to Cocoa July 31 to watch the shuttle Endeavour land.
Need to double check the date and time because of weather but it’s an easy ride from Disney.
Yes say hi to Majors Nelson and Healey while you are there.
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Don’t forget Jeannie
yikes…I never thought you for disneyworld…I ran into Micheal Eisner once in Gratis in Los Angeles – he looks like Mickey in person. I am a more pigalle at dusk kinda girl anyway…I thought you’d take the kids to Montreal or something more zaggy….Lake Placid and Lake George are nice..Stratford Ontario is also stellar – I take it your children are not into GB Shaw?
I think I bought some of your glw shares btw….
happy landings…take sunscreen..:)