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OK, market looks to weak for long plays right now. IMO. Things can change quickly though.
MTV! I was watching Allison Krause on CMT
So if you bought the exact low and sold the exact high you make 20 ticks in BRCM? Thanks, but I'll hang on to my short for now.
What bounce? The ones I I follow are still within a few pennies of today's low. AMAT XLNX QLGC MRVL NTAP NVLS KLAC JCOM etc.etc.
I thought the momentum high was on 8/18 at 1830 and Friday was the price high.
I doubt it. Market looks to have topped Friday. Need more down before reversal. IMO.
Maybe, I've been thinking today or Monday for a top.
Easing lower into the close. Top may be in. IMO.
Not much of a bounce at the open. Bearish wedge still in play. I think a move over 1870-75 negates it.
It got me a scholarship. USA 2 Brazil 1 in 2nd OT.
You never played soccer?
OT. Overtime begins in USA vs. Brazil for the Gold in womens soccer on NBC now.
Maybe they agreed to cut our throats.
Wouldn't you like to know what their agreement is first?
Not sure I trust those guys. Put the brakes on the late day oil rally though.
Reuters report that Sadr and Sistani reached an agreement.
The picture does not look good. IMO. I had a bullish picture on 8/13 [post#283857], but now it's bearish. A move above 1875 would invalidate my bearish view though..
Market may be near a top here. I'm nearly 50% short and the rest in cash.
Bearish wedge. Top may be near.
Gutsy call. What do you see?
Took a dollar from OVTI.
Sounds like a comment made near a bottom.
Plenty of OVTI offered around 10.55. Bought some @ 10.52.
I was expecting that yesterday. Maybe today though.
Bounce losing steam. I sold remaining longs and started a few shorts this a.m.
Zeev, what do make of MRVL, very erratic reaction to earnings? TIA.
MRVL dipping again.
Not to close though. I think this may surprise to the upside.
Better than that. I got a few @ 85 IPO price. All will go @ 99
GO GO GOOG! Long around 97. Putting stop @ 99.
It looks like GOOG has bids around 95
I'm selling some longs into this bounce at 1828.
Minute to minute news from Iraq calling the tune. Chart patterns not reliable.
Looks like a picture of shorts running for cover.
He was on target today.
Shorts must be squirming just a little bit.
Why is 10K a bogus number? That is what the majority will see on the news tonight. I'm interested to see if DOW closes above 10K for a few consecutive days to indicate whether this move higher has legs.
Zeev, what are the chances for strong finish today? TIA.
Only 10 new lows on NYSE per Yahoo. I'm doing some selling here above 1810.
Oil easing back down.