Replies to post #414797 on Zeev's Turnips Patch-No Politics (ZEEV)

[optionking]

Jerry,

Any thoughts on NTES earnigns tonight.

the way its trading in negative...i think it can squeeze hard after earnings.

[opnion]

Avoid shorting nem and that shiny stuff right now. lol
Posted by: opnion
In reply to: gtober who wrote msg# 256
Date:8/1/2005 11:51:17 AM
Post #of 262

While at first glance NEM may look like a perfect short , on the longer term view one should be careful.Notice the 2 bottoms in may and the topping out process in november to january of each year at 50ish. If 50 is tested again it should be taken this time I believe. Nem could dip down to the low 30's and still be ok chartwise. IMO
http://stockcharts.com/webcgi/Pnf.asp?S=NEM&Y=U&B=1.4&N=A&C=2