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Re: Systemsgo post# 443

Friday, 02/12/2010 9:09:36 PM

Friday, February 12, 2010 9:09:36 PM

Post# of 1298
REGN I think is now in a short squeeze. I think many were looking at it like I was with the historical seasonality falling off the cliff into April. The company makes no money, so fundamentally isn't worth where it's trading. So, now it's making I think a last leg here in a final push of this leg before it falls. But for our options, yeah, for Feb, we're probably screwed. That's why I only went in with 5% on the Febs. But for April we still might make it.

Now, with these new triple Q's ETF from Proshares, I want to use them more often. Look at this weekly chart of the Q's. You can clearly see a now 5th wave starting to emerge which could take it to $50 before a good selloff in the market begins. The plan will be to go in big on the SQQQ

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