| bestbob |
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Gold User, Member, TeleChart
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| Registered User |
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| Unsure |
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| Saturday, October 15, 2005 |
| Saturday, May 20, 2006 6:37:13 AM |
13
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in my opinion INTC MAY have bottomed based upon the 2 day chart I use.
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For a short position, the April 50 put looks a little heavy at bid/ask .85/.95 and the price has been rising on decreasing volume. I would try some April 50 puts if the price hits 51. The reason is, earnings on 4/20/06, and option expiration is 4/21/06. Sell the news buy the rumor. Now that I read what I wrote, would be better off to short (no option) on 4/19/06 IMHO.
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Well, maybe Zica is getting ready to run. Be aware though, earnings are this Wed, 3/29/06, before the bell.
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Well, I posted awhile back on Zica and bought at 2.20 per share. Ughhh, then I triple downed at 1.60 which is something I rarely do.
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Yes I am still in ZICA, and have been waiting longer than usual for an uptick. Earnings this coming week. Will look at the others you all posted. thks, best of luck to all..
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I too would love to drink what your mentor is drinking. 95% is awfully good if not great. Tell us more.... 
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Meant ORCL at 12.20,, not 2.20....
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Fatcat, from the brief look at your short recommendations I like BBD, CHS, and AAPL. In fact, I picked up the AAPL Nov 55 puts at $1.15, now bid at 2.20 and will sell Mon or Tue more than likely. As for long, I only have ZICA at 2.20 and ORCL at 2.20. The longs you have already traded up, and I tend to take more risk than others and trade into a stock probably a lot sooner than others.
Good luck,,, Bestbob
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Looks like DRTE did drop, still glad I didn;t short it with earnings that came out Thu PM, just too risky IMO.
Also see that APPL had a pull back.
Anyway, have a nice weekend all, still waiting and watching,
Bob
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Hi All, for those that read my last post, still long ZICA at 2.20, now I am looking to short DRTE based upon all the reading I have done (still not enough I am sure...) on indicators and some due-diligence. There is one gotcha, earnings to be announced on 10-27-05, will wait though.
Thanks, and really enjoy the posts from other members.
BB
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