I think we have about another 100 points in the tank before the bears get really aggressive and start claiming for a double top. It is worrisome to be long this market after the run we have had, but I have reason to believe we still have more shorts to squeeze. Lord forbid we get above 10,730, for the bears. I told you we had a big move coming, and I still think it’s higher.
Here is a screenshot of my favorite long screen inside The PPT, a bunch of airliners popped up early this morning, and sure enough it has been the hottest industry today:
Notable Calls: Here is a fun tidbit on FSLR
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FRE & FNM on FIRE!
Bought some more puts in FSLR
are you a buyer of CCME?? has dipped the last few days
not yet, but I love CCME
RC, do you have an entry point? I believe earning are expected in the next two weeks…I have read that they will have a blowout earning…might put in a little amount as a spec play
that soon. I may buy a little myself. Will be a gamble though, but one i like.
cannot confirm the earning date, but have read on blogs/boards that it is prior to april 1….
PKD pretty good volume
i had a buy stop at $5.45 that triggered and then went down to $5.30 before i even checked it! I put my sell stop below the 50 day though, and i will swing this one for a little bit to see how it does. Weird little fake breakout though.
WEMU absolutely goat-stomping END so far this week. WEMU races out to a huge 19% lead.
Of course that can all vanish with a properly placed bid for 100 shares at 5.00 on WEMU.