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Re: Neutral Man post# 37730

Wednesday, 01/23/2008 7:23:07 AM

Wednesday, January 23, 2008 7:23:07 AM

Post# of 399270
FebOE Stuff?

Alrighty then, we’ve Already tagged the S4(43.08) on and intraday basis, even extended to the Yearly R7(42.78), or -17.50% down marker intraday, WOW!? This portends lower lows on a Yearly basis but NOT before we get a DCB of meaning that not only takes out the OE Pivot(45.35), but tags the R2(46.48) or 2.5% up marker?

We ended Tuesday 100% LONG and we’ll use ANY weakness this morning to add Long positions! BUT, it’s in our Charter to play BOTH long/short at the same time and therefore we stand ready and able to add Shorts on a move above the S1(44.78)!?

We were pretty Cocky yesterday about da-Boyz wanting to DROP prices back down to 43.00/43.25 and continued our rant without letup, but da-Boyz did some heavy lifting late in the day and took the Q’s to a new HOD (44.77, which happens to be the S1 as well, coincidence or NOT?), before drop kicking da-Longs and closing around 44.18 or a skoosh below the S2(44.22)!?

Well, after da-Bell we found out why such a manipulative Markup Wave unfolded, da-Boyz were setting things up for da-APPLE earnings and their forward looking disappointment, how contrived is dat, AWESOME BOYZ, you truly are da-Best of da-Best when it come to manipulating prices into da-Profit_Zone, Well done and you’re definitely well on your way to becoming MEN, LOL!

The Good news is that the OEPM 4cast did give us some pre-warning of lower prices again today (even though it suggested a GAP up, NOT), hence we can go forward knowing this is just another GREAT “GET LONG SHORTY” signal and act accordingly!?

And while the OEPM 4cast indicated another

OE Pivot, 45.35, close on 18Jan
High, 44.77, up -1.3% (Wow, the High is below the Pivot, Ouch!)
Low, 42.73, dn -5.8%
Close, 44.18, dn -2.6%
Spread, 2.04
PM, 7.1% (Huhh, 7.1% on da-First Day,, Whatda!)

We start today with the following Open OE Port positions:

Short positions (expecting the Q's to go Down)
None

Long positions (expecting the Q's to go Up)
Feb45 calls at 2.43, (TRIPLE), bought long
Jan45 puts at 3.35, sold short
Jan46 puts at 2.75, sold short

This gives us a net LONG da-Q's bias going into today and we'll use said Long Bias to play intraday Short plays based on the OEPM 4cast pointing down ST? These intraday plays are strategic in nature and will help us post profits that will off-set our losses incurred during this OE period as we HOLD Core positions (see below side notes, Pending Loses)!

DCB (Dead Cat Bounce or NOT)
I’m beginning to become a wie, sorry Michelle, bit suspect of a DCB at these levels and with the OVER-Whelming pundits having come out to “PRO-Claim” themselves da-Messiah or “Prophet” if you will, I AGAIN find me-self ready to go AGAINST da-Crowd, Go Figure?

We posted modest gains yesterday as we traded in and out of Both puts and calls intraday and unloaded for same day profits. Hence our FebOE profits increased by $1.16 to $1.16 as we started the day with $0.00 in profits!

Those gains are actually quite good since most of our gains usually come a couple weeks into the OE period. Mostly just positions our pawns, bishops, and knights during the first couple weeks so it’s a bonus to post modest profits already!

Side note (Pending Loses):
We have some EARLY loss potential on our Feb45 calls (TRIPLE), purchased during the JanOE, approximately $-1.23, post as -3.69 since it’s a Triple.

Feb45 calls at 2.43 – 1.20 (closing price) = -1.23 x 3 = $-3.69

This portends gains/loss(s) of $-2.53 ($1.16 - $3.69 = -$2.53), and is dependent on our ability to navigate this OE period with the utmost precision in regard to da-Boyz! Not to worry, we suspect da-OEPM factor will shed some light on da-Boyz and their Footprints of meaning (True intentions), LOL!?

For your viewing pleasure da-OEPM 4cast-r says.....?

Date Open High Low Close
14-Jan 47.69 48.01 47.31 47.87
15-Jan 47.38 47.52 46.35 46.55
16-Jan 46.19 46.91 45.55 46.05
17-Jan 46.24 46.58 45.20 45.41
18-Jan 45.64 46.14 44.76 45.35
22-Jan 42.83 44.77 42.73 44.18
4cast
23-Jan 43.46 44.62 42.57 44.22
24-Jan 44.39 44.96 44.00 44.88
25-Jan 45.23 45.67 44.88 45.38

And in da-Spirit of da-Boyz club and their House rules, we remain committed to being BOTH Long and Short at the same time so as to be READY and ABLE to meet-em at whichever lines they decide suits their fancy and at a time and/or day of their choosing (Ohhhhh BOYYYYOYZ, come, and, GET US, LOL)!?

In summary, YOU GO BOYZ and do your thing, but remember this, we got your Back, Front, and any other side you choose to expose as you paint dem dare pictures, I guess Boyz will be Boyz now won’t Day, LOL!?

Good trades ALL,
nm

BONUS OE STUFF, LOL!

OE key Pivot Points
R8, 49.89, 10%
R7, 49.32, 8.75%
R6, 48.75, 7.5%
R5, 48.18, 6.25%
R4, 47.62, 5% , Now our Primary Bounce Target!?
R3, 47.05, 3.75%
R2, 46.48, 2.5%
R1, 45.92, 1.25%
Pivot, 45.35, 0.0% , Our Primary target to confirm Launch Mode
S1, 44.78, -1.25%
S2, 44.22, -2.5%
S3, 43.65, -3.75%
S4, 43.08, -5% , tagged 23Jan and now Serious Support
S5, 42.52, -6.25%
S6, 41.95, -7.5%
S7, 41.38, -8.75%
S8, 40.82, -10%

Most importantly, ARE you having FUN YET, I know I am!

FYI - we post EVERY trade in real time and in many cases post pre-trade sell and buy orders with trigger prices in anticipation of our 4cast! So ENJOY da-Show as we rat out da-Boyz club and have a little FUN while we're at it (I hope da-Boyz don't read dis-post otherwise they'll be GUN-ing for us - AGAIN, LOL!



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