AI
Tuesday, March 23, 2004 1:49:23 AM
DISH potential (COT*) on average volume and STRADDLE. Earnings Play for Friday. Tired of the same 'ole semi and "most active" lists? We sure would be if we had to settle for them! AMHC, PLMO, ADBE, RHAT APOL LEN ORCL all big movers and some promise to give even more (upside and downside we don't care as long as we GET BIG MOVES! (QLGC (Perfect short Friday), QCOM (perfect short today), KLAC, EBAY, AMZN SMH take only perfect set ups, pass on a lot of "imperfect" scalps to for the LONGER TERM DAYTRADE and sometimes holding 25 to 33% of position incrementally overnight)
Up against a massively pulling back market with nothing really to prop it up except perhaps a leaked earnings report? Could be institutional interest as well to set up positions after the rather large pullback. Straddle potential already setting up (we had no position today unfortunately so we did not play the calls) but we are looking at the 35 calls and 32.50 puts but will begin the position in the direction of DISH trend by 10:00 tomorrow and this just might reverse back to downside. Whatever happens with DISH it is NOT GOING TO BE INSIGNIFICANT.
*COT Change of Trend
Up against a massively pulling back market with nothing really to prop it up except perhaps a leaked earnings report? Could be institutional interest as well to set up positions after the rather large pullback. Straddle potential already setting up (we had no position today unfortunately so we did not play the calls) but we are looking at the 35 calls and 32.50 puts but will begin the position in the direction of DISH trend by 10:00 tomorrow and this just might reverse back to downside. Whatever happens with DISH it is NOT GOING TO BE INSIGNIFICANT.
*COT Change of Trend
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