Pinning shit to the wall

Man, I hate these OPEX days. It is simply marvelous to me every time the power of OPEX. Anyway, you might know that this is pretty important day for me as all those SPY calls I sold expire WORTHLESS. While it’s quite nice, I would really like to see some more action than this today.

Anyway, look for the shit that gets pinned strangely. AAPL for instance isn’t a surprise at 250. 130 on NFLX is strange. You know a bunch of dumbfucks bought that shit thinking it would never go down. Yeah, I’m pretty sure 130 is secured today on NFLX only to be reversed on Monday.

So, I’m leaving early for the weekend. I don’t have any positions on but DNDN long and NFLX short. 92% cash baby.

Maybe you chart monkeys can help me out here:

Take a long position right now. Make it a good one. I recommended DNDN yesterday. I also like the relative strength of of the shunned financials today. These are very short term trades, because the entire market deserves to be shunned.

Today is a day to test skills and strategies. There should be a lot of small momentum swings and few if any news events that will get in the way. No real pulse out there now, but I am watching to get short the indices again very soon.

This day has one more twist for us. I can feel it in my nuts.

…and not a drop worth drinking! Or is there? Sure is a lot of crap floating around out there today. If you told me that INTC was going to deal with MFE, I’d remind you about AMZN and BKS. But those Ivy League MBAs must know more than I do; for MFE INTC happened.

So, what is to make of the rest of the rumors and how are they acting? I have an interest in one rumor and one stock that I’ve seen today.

DNDN

1 – I love the chart. I know that’s odd coming from me, but down at heart I’m a chart addict, not to be confused with the breakout king, John Lee.

Compare GMCR bottom with DNDN bottom. Looking pretty familiar, eh? Anyway, if DNDN can get above the 100 day, I think it’s got room to run.

2 – the rumor : AZN wants to pay DNDN off at $55.00 to $60.00 a share. Eh, makes more sense than the deal actually going through today, but I’m not holding my breath. What I am interested in how DNDN reacted today. It was bid up and then crushed. Normally, that’s pretty bearish signal, but I like how DNDN is holding its ground here.

Anyway, I do think that DNDN will be acquired soon. I don’t think that DNDN can go in it alone and I do think that Gold, even how terribly he handled preapproval, has the business sense to dump the company soon.

I picked some up here on weakness around 37.50.

Looking for 40+
Stops below 36.50

Oh, and in case you’re wondering, I know we’re “bear-flagging” but it just seems like a lack of interest, hence the bullish (if you call it that) post.