tag:blogger.com,1999:blog-33780436.post116572254318399549..comments2023-10-15T05:05:34.154-07:00Comments on FlyingWabbit: Weekly Calls Dec. 11 - 15, 2006Unknownnoreply@blogger.comBlogger1125tag:blogger.com,1999:blog-33780436.post-1165779099412106762006-12-10T11:31:00.000-08:002006-12-10T11:31:00.000-08:00Hi Man,I totally agree with your analysis on broad...Hi Man,<BR/><BR/>I totally agree with your analysis on broad market and your trading strategies for next week. I expect that NASDAQ will be traded in a range between 2390 and 2470. The other two could be trade in their range too. As for buying dips of big names, I will do so only if their oscillators flash the buy signals.<BR/><BR/>1. ADBE It looks like ready to go up. I would buy if the opening price and net price are positive and add more position if the price is cross above previous day's high. this entry strategy may assure you that the up trend is resuming and you go with it. The drawback is that the profit becomes thin.<BR/><BR/>2. AMZN It is perfectly ready to go long. however, the pullback is extremely strong in terms of the height of Histogram, which means the bear is stronger than usual, so be prepared to take any profit whenever the oscilators show weakness.<BR/><BR/>Have a great trading week!<BR/><BR/>shortswingsAnonymousnoreply@blogger.com