Out here @$11.60, another double options play.
QCOM looks like it can go much lower but I am taking profits here.
ONLY WINNERS HERE PERIOD
Thursday, October 23, 2008
They just dont want us higher
They just dont want us higher. This morning we gapped down then turned around and went positive over 200 points.
It is obvious that the lows set two weeks ago will be tested maybe even early next week. Things just look weak although I still think we will get bounce that lasts more than one day. I dont want to set new shorts here on stocks/options I rather play it in the futures as I think a bounce when it comes might be vicious.
Let's see we end the day, it is currently 1:pm and lunch time is nothing to judge from.
GOOGLE and APPLE could save us this earnings season, maybe Microsoft does.
It is obvious that the lows set two weeks ago will be tested maybe even early next week. Things just look weak although I still think we will get bounce that lasts more than one day. I dont want to set new shorts here on stocks/options I rather play it in the futures as I think a bounce when it comes might be vicious.
Let's see we end the day, it is currently 1:pm and lunch time is nothing to judge from.
GOOGLE and APPLE could save us this earnings season, maybe Microsoft does.
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