nikoschopen
2,824 posts
msg #60209
- Ignore nikoschopen |
3/5/2008 11:57:55 AM
Nah, I have all the time on my hands. I'll just let this thing go whichever way it wants. I might even average up, hoping and praying for the best down the road. (*;
Cheers!
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nikoschopen
2,824 posts
msg #60210
- Ignore nikoschopen |
3/5/2008 12:23:18 PM
If this darling stock falls below $139.20, which happens to be the next support, it might risk a massive exodus among its faithful bulls.
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johnpaulca
12,036 posts
msg #60213
- Ignore johnpaulca |
3/5/2008 12:38:38 PM
I am a long term bull and wouldn't be abandon my position anytime soon, I will trade it up and down. It is king of offshore drilling and a great stock to trade. It's at 139.25 now, hope to cover my short position later today.
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nikoschopen
2,824 posts
msg #60214
- Ignore nikoschopen |
3/5/2008 12:39:07 PM
$139.20...gone once before...now just gone twice...
Here's the caveat: if it manages to hold up after 3 consecutive blows, it usually goes the other way. In this case, that would make it a "flag" formation.
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nikoschopen
2,824 posts
msg #60217
- Ignore nikoschopen |
3/5/2008 12:42:59 PM
If it does break below 139.20 (actually, 139 to be on the safe side), then we could potentially go down to 137...or more.
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nikoschopen
2,824 posts
msg #60219
- Ignore nikoschopen |
3/5/2008 1:21:16 PM
RIG finally broke down and closed below 139.20. Let's see if it can indeed travel further south.
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mimi
63 posts
msg #60226
- Ignore mimi
modified |
3/5/2008 3:22:21 PM
QQQQ
Call Long 1.01-1.17 (15.8%)
Call Long 1.01-1.14 (12.3%)
XLF
Call Long 1.18-1.20 (1.6%)
GS
Put short 1.44-1.15 (20%)
Call Long 9.8-11 (12%)
LOVE Options! so far....so good.....
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johnpaulca
12,036 posts
msg #60243
- Ignore johnpaulca |
3/6/2008 10:40:35 AM
CEDC...started a position long@52.25
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mimi
63 posts
msg #60246
- Ignore mimi
modified |
3/6/2008 11:48:28 AM
SWING
DIA call short 0.08-0.03
SPY call short 0.11-0.03
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johnpaulca
12,036 posts
msg #60266
- Ignore johnpaulca
modified |
3/7/2008 9:41:11 AM
MA....long@$188...bailed@$193
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