tag:blogger.com,1999:blog-33780436.post116665298929624458..comments2023-10-15T05:05:34.154-07:00Comments on FlyingWabbit: Daily Calls -- Thurs Dec. 21, 2006Unknownnoreply@blogger.comBlogger2125tag:blogger.com,1999:blog-33780436.post-1166667998807632912006-12-20T18:26:00.000-08:002006-12-20T18:26:00.000-08:00Hi Man,NASDAQ clearly showed its weakness today, b...Hi Man,<BR/><BR/>NASDAQ clearly showed its weakness today, but still well in its range. I expect it will stay there for a while. Below is my comments on your calls.<BR/><BR/>1. Agree with your short plan. But how about long tomorrow if it spikes down to 83?<BR/><BR/>2. Bidu, my bias is toward LONG now. Short if it approaches to 125.<BR/><BR/>3. STP, Weekly chart showed that it is clearly in up trend. However, the daily histogram showed a possible bearish divergence. Under current broad market condition, I doubt that it will make new high. But because it is traded in NYSE, expect unexpectable.<BR/><BR/>4. YHOO, It looked like broke down right here. Short rebound make sense, but only for day trade.<BR/><BR/>Have a great trading day!<BR/><BR/>shortswingsAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-33780436.post-1166667958690865432006-12-20T18:25:00.000-08:002006-12-20T18:25:00.000-08:00Hi Man,NASDAQ clearly showed its weakness today, b...Hi Man,<BR/><BR/>NASDAQ clearly showed its weakness today, but still well in its range. I expect it will stay there for a while. Below is my comments on your calls.<BR/><BR/>1. Agree with your short plan. But how about long tomorrow if it spikes down to 83?<BR/><BR/>2. Bidu, my bias is toward LONG now. Short if it approaches to 125.<BR/><BR/>3. STP, Weekly chart showed that it is clearly in up trend. However, the daily histogram showed a possible bearish divergence. Under current broad market condition, I doubt that it will make new high. But because it is traded in NYSE, expect unexpectable.<BR/><BR/>4. YHOO, It looked like broke down right here. Short rebound make sense, but only for day trade.<BR/><BR/>Have a great trading day!<BR/><BR/>shortswingsAnonymousnoreply@blogger.com