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Predicting $26.00 not unrealistic is it?
Thanks, sorry I've been so quiet. The Assistants have been doing a great job. I've been dibbling and dabbling with these options. I'm still a proud owner of TAON though. lol
Thoughts on CSCO?
I still own a small position in this. Cause of yesterday run....?
Heh, well do you think that 4.10 seems impossible to break today? Seems like its starting to channel up "slowly" you would think?
Morning BB, whats your thoughts on C?
CSX give me an evening star and a close of $59.71 or below.
I have 38 Days until expiration......so me selling right now, probably wouldnt be a good idea uh? I'd like to see it fall back to $57 but dont know the likelihood? :/
My bad. I have it as a Put Option on a November Contract.
Wish I could but I'm in it in the reverse order :(. I'm sitting in this stock with kleenex, an inhaler and a bottle of liquor. Bought yesterday before the bell hoping to scalp it and tried to get out before the bell but my Option Order never went through. Do you think that it will probably have a few down days.....:D :( It seems to be falling today after gapping open....your opinion is so valued right now.lol.
BB, looks like CSX Gapped Open nicely, what do those signals look like to you though? Exhausted?
CSX Gapped Open, I think and or hope that it fills that gap starting today. lol
LMAO- auroradude, i know you were lookin like wtf? I reread what I thought meant the gift beside my name would give people a free subscription and I figured thats what it meant, it gave you a free trial. Sorry......
On another note, I checked out CSX Earnings Report from last time and noticed that when the earnings had I believe a higher report, that it opened up higher but closed lower. I drew a trendline, which I will probably post later and I think the stock may very well close somewhat lower. If anything, it will open up higher but fall throughout the entire day. The After Hours trading session made me feel better afters searching for reassurance that it only trades 1% OF the actual trading volume. With that being said, I guess we will have to see.
It does to an extent. Give me a gift so I can keep posting, I'm almost out of post and you have a GIFT Post that you can give someone on your profile. So with that being said, I couldve possibly paid to much for my option???!?!!? This is going to be the longest 26 Hours til trading that I will experience. All my Technical Analysis are showing exhaustion but at the same time its showing that Fundamentals could cause it to be somewhat Bullish, before exhaustion.....
Yea, what does that mean..An I had bought this in an effort to make a quick play off a .10 profit on the option. Was .01 which is why I chose the November Expiration verse October to be on the safe side.....
Without taking any type of fundamentals into account I will play this one on out considering that it did close below the 5(ma) at the end of the day. I bought it early, which shouldve been tomorrow morning to confirm that the close was below the 5(ma) but believe it or not it close .02 below that. So thats the positive side. Aside from that, the statics on it closing below the 5(MA) is as follows:
1 / 3: It traded sideways the next day
2 / 3: It trader lower the next day.
Strike Price @ 55. Paid 1.35 for each contract. November Expiration. Extremely Good Point on After Hours, it will run you crazy as I am now. So you're not in yet? Another good place is INTC, excellent, play for a Put Option when it hits $19.90 to $20.00 Range. I know its time for the market to pull back, and hopefully itll start tomorrow. Will probably open up though.
I was trading it from a technical standpoint and figured since the earnings hype of this stock has driven it up for the past week some profit taking was necessary. You would think before the earnings came out on this stock especially today, it wouldve continued to run up as the anticipation was already high, but it didnt. It fell. But now the After Hours shows that the stock is higher than a room full of pot heads. I also noticed the stock closing below the 5(MA) which normally according to the chart is a clear indicator of some more pullback to take place. As far as lawsuit and any other fundamentals outside of the fundamentals, I am unaware of. Dont most stocks that release good earnings fall sharply the day after? At this point I'm starring into space because I wouldve expected some down play in after hours although thats not an indicator of what the stock will actually do.
November :(. I'm scared. lol.
Hey, whats your take on CSX considering it is going crazy in the after hours but closed at $57.26. Figured even though earnings came out itd be a good PUT. I'm holding overnight, but that after hours has been fearful that tomorrow could be an up day...........
Whats your expectations on CSX for tomorrow considering it closed at $57.26 despite the expectations on earnings to be good and the after hours up almost over $1. I mean it has been moving off hype for quite a few days, do you think tomorrow could be another down day?
I think earnings on this stock was supposed to show an increase in revenue of 17% and its actually down today, when the earnings are supposed to come out after the bell. So I'm confused, if earnings are supposed to show positive why would the stock be down, and when they come out, would it continue.....still learning :/
CSX to be exact :). Tell me what you think :)
Question: When earning come out after the bell for a stock and they're good not to mention the anticipation of the earnings were already to be good by analyst (i.e. expected 17% increase in .....), when the stock opens the following day, what is normally the expected direction if hype of a positive earnings report drove it up?
I'm currently noticing the same thing. Kind of weird, but kind of good...
Good Morning......
CSCO broke $22.50 :D
Thanks. A lot of this is depending on the market next week. I hope that it continues to be bullish. Its trading so close to the beginning of the GAP, and I bought some shares on a CALL so I'm like should I scalp this trade and wait till the breaking point or have some balls and hold it. I've got a January Contract Expiration on this one.
Haha, I noticed $22.50 seems to be resistance. I ended up buying early around $22.23 and I'm sitting wondering if I should scalp and wait until the break of $22.50 or if its showing enough strength to push through. Do you see the strength?
Hey, whats your take on CSCO. Does it seem close to exhaustion or looks like it may do something. Thanks in Advance. :)
Break of 22.50 and i say $23.50 to fill the gap.
POPN breaking .0012. YAY!!!
Can I have you permission not to talk about Bank of America until it goes below $12 per share? lol.
Come on my fellow BAC Investors and Traders, an evening star was created Friday followed by a down day yesterday. You're right, someone $12 per share stock sold for $13.60, congrats to the traders that accomplished that. As for the investors, hold your wallets for a better bargain. Still in a downtrend,it touched the upper channel of the downtrend. Until that downtrend is broken, I see no reason why $4.00 isnt still coming imo. Don't panic when it goes below $12.....
You may very well be right. I'm not blowing air by no means as I trade and have traded Bank of America several times. Another stock that is similar which is currently filling its first gap would be AMD as we speak.
Why would March 2009 drop be so strange when December 1, 2008 was when the first recession was declared. Maybe I'm missing something and while I'm not trying to be controversial, are we not re-entering a recession aka double dip? I'm just trying to figure out what backing you or anyone else has more than just saying the stocks fundamentals are strong. I mean, July of 2009 10% of the branches were in talks of closing right?
Well I charted it 1 year 8 Months ago, just to show there was a GAP. The Gap is there, you just cant tell as much, hence the reason why I took the two lines and highlighted it all the way across. But.......
The Gap Took Place between March 9 and March 11 in 2009. If you notice, Bank of America has always filled its Gaps, no reason why this one should be excluded....
That chart doesnt show it well, but it was never filled.....
Can we make a $100 bet and everyone paypal me a 100 bucks each me it goes below $10? lol. I'm kidding.
And I completely agree. But for now, I see us heading South before North, as the economy is not RECOVERING as of yet. Thats why I'm going to bargain buy around the $5 area so I can sell around the $25 - $30 area.