InvestorsHub Logo
icon url

Profit Time

07/07/16 11:08 AM

#121221 RE: ITMS #121208

Agree, optimism, pessimism abound. Just check open interest for January.....hundreds of thousands on calls up to 160 ish...tens of thousands down to 50 ish puts.......there will be millionaires made, and millions lost. 110ish is still on the table as a high into mid august...sustainable???....unlikely without a huge revenue source other than smart phones....which their services industry looks to be growing and expanding...hmmm......car???...they should buy Ford...hmm....oct, nov, tough tough sledding on current down trend. It will take a sustained 130pps to dig out of the trend....dipping to 110ish...to gain momentum into next spring....enjoy the ride....imo