Thursday, February 09, 2012 3:39:03 AM
$REGN still has ER next week , watching for double dips intraday one sees REGN trading right at the hip with with the SPY so was locking it in with the last dip to 98's holding . Seems as long as market holds up they plan to run this one up even more maybe but will trade with the SPY .
Wished had looked @ the chart for JOY that was perfect set up for a larger pullback similar to AGU tagging $84 & double top high , there was much more incentive for profitaking for JOY from that top since earnings guidance a little flatter than bigger CAT (still hitting R here though )
Dipping JOY before was a true test of will thru dec , kind of shows the dynamics of when the bulls took over in earnest finally but two tags into the OB & double top , it was ready.
Wished had looked @ the chart for JOY that was perfect set up for a larger pullback similar to AGU tagging $84 & double top high , there was much more incentive for profitaking for JOY from that top since earnings guidance a little flatter than bigger CAT (still hitting R here though )
Dipping JOY before was a true test of will thru dec , kind of shows the dynamics of when the bulls took over in earnest finally but two tags into the OB & double top , it was ready.
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