InvestorsHub Logo
icon url

Jamestown

03/29/07 8:43 AM

#11 RE: *~1Best~* #10

Good Morning and thanks for the kind remarks. It does look like the foreign markets did not follow the US markets. Just like I guessed (some times I am right) they ignored the
Fed noise yesterday. The early morning reports on Jobs seems to be positive for the market and it does amaze me that just at the right time "news" seems to move the market in just the right direction that are at pivots and lows for the indexes. One does have to wonder whether the tail wags the dog or is it the other way around wrt to news.

As usual you graphs are right on the mark and it looks like GOOG may be heading for 500 and maybe a long term option in the money for several months out could be appropriate at these levels. A lot cheaper than buying 1000 shares of the stock. Also several other stocks that you show seem to be breaking out to the upside and these technique could also be useful.

Good Trading