zstock7.com - Latest Comments in I Will Survive

Re: I Will Survive

alexfotopoulos — Mon, 05 Oct 2009 11:41:48 -0000

Notice the NDAQ bounce from the low %R point I mentioned last week. I'm waiting until tomorrow to add to my position to see if this bounce might have legs. If it does, we should have a few weeks before it comes back down again if history repeats.

Re: I Will Survive

TenYear — Fri, 02 Oct 2009 15:50:52 -0000

If we break today's opening low, we are heading quickly to S&P 990

Re: I Will Survive

zstock7 — Fri, 02 Oct 2009 15:17:52 -0000

You're right about w%, both are -100%, means more down, I'll wait till Monday, NDAQ, down 2.7% today, I'd like a down 1% day to get in

Re: I Will Survive

zstock7 — Fri, 02 Oct 2009 15:14:41 -0000

BBOX, will tell on CSCO, when to go long--if you get BBOX figured out--go long CSCO too!

Re: I Will Survive

zstock7 — Fri, 02 Oct 2009 15:13:04 -0000

RIMM, if I buy now, there's only a $64 against me--I can throw out that $63's

Re: I Will Survive

zstock7 — Fri, 02 Oct 2009 15:11:05 -0000

I hope the Dow isn't down 2% on Monday--

Re: I Will Survive

alexfotopoulos — Fri, 02 Oct 2009 15:04:05 -0000

I sold some NDAQ Nov 20 puts a few days ago (obviously too early), but expect them to be fine. Might sell more when %R comes off the bottom again. Check 14 and 28 day Williams %R indicators to see how this play has worked over the past year.

Re: I Will Survive

zstock7 — Fri, 02 Oct 2009 14:53:26 -0000

NDAQ, I see a $21 exit = 200 day, So, it made the accumulate list! Slow sto, is not quite closed so there's still a little time to get into this trade, which means NDAQ, is very close to the bottom.

Re: I Will Survive

TenYear — Fri, 02 Oct 2009 13:53:30 -0000

Z, lets wait a little longer for NDAQ. Trending down. It seems to me that below $18.70 is a guaranteed win target. Heck if we could get $18 in a week, November 20 calls would be sweeter than candy.