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Zeev Hed

03/05/07 1:46 PM

#538114 RE: Jerry Olson #538112

I am a little concerned since many BP broke down, but I still maintain that 2290 should hold and we did not get too far from there, so I am slowly building long positions. I think that some stocks, like FDRY in the $13.50/75 range, VPHM under $15, HANS in the $32/$33.25 area are buyable.
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Paul A

03/05/07 1:50 PM

#538116 RE: Jerry Olson #538112

'they' sure didnt allow the QQQQ to print close to $42 at 9:30 this AM..

Make me think we should see 43/43.5 before another test of $42 but who the heck knows : )

One thing I love about this volatility? You can play QQQQ, IWM, and for higher beta just go with QID- these things are gyrating 2-4 points daily.. why bother with rimm/goog etc etc !!!

Speaking of GOOG tho hehe.. Im watching to see how 444/445 handles here.. a close over that area ill probably take that sucker long.. God help me theres a first? but heck, it was trading $429 this morning overseas can you believe?

SMSI buy stop to buy more into the close if it can break closer to 16.. I still think shorts are in trouble here knock on wood..