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CMG looking like it is at firm resistance around 100... :unsure: Support around 75 to 80...

 

post-1110-1265347953_thumb.png

 

post-1110-1265347992_thumb.png

 

post-1110-1265347974_thumb.png

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CMG looking like it is at firm resistance around 100... :unsure: Support around 75 to 80...

 

post-1110-1265347953_thumb.png

 

post-1110-1265347992_thumb.png

 

post-1110-1265347974_thumb.png

Look on a shorter time frame on CMG and you'll see that there is support every two bucks for the first several stairsteps on the way down -- 98, 96, 94, 92 etc

 

That said, watch out with this one. It has a way of hanging around at high levels for a much longer time than anyone would think reasonable. When it goes, it could be good, or they could grind it down rather slowly to kill the put holders. I got burned on CMG once before when they had wretched earnings, went down a bit and reversed immediately and ended UP. So buy yourself plenty of time if you're using options.

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jickiss is back!

 

 

 

jickiss is back!

 

 

and

 

this doolar thing is ready to run out of gas.

 

very soon.

 

Jick-

 

The dollar is just gettin' warmed up, IMHO. I don't see this as an ABC rally, I see your wave A as wave 1, and your wave B as wave 2.

 

The dollar might be ugly, but she's still the best-looking girl at the bar right now... and it's almost closin' time.

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Jick-

 

The dollar is just gettin' warmed up, IMHO. I don't see this as an ABC rally, I see your wave A as wave 1, and your wave B as wave 2.

 

The dollar might be ugly, but she's still the best-looking girl at the bar right now... and it's almost closin' time.

drink 'er purty

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THE DEFICIENCY JUDGEMENT BOOM

 

 

Article of Deficiency Judgements

 

Banks are holding a fortune in deficency judgement assets after the foreclosures and short sales

 

The strategic defaulters will be hounded for cash to cancel the deficiency - especially if they still have assets and income.

 

Wages will be garnasheed. :ninja:

 

Assets will be ferreted out. :ninja:

 

Those who are jobless will be left alone - until they get a job...... :ninja:

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Not gonna happen. The legal costs of chasing deficiency judgment would be greater than the judgments in the vast majority of cases.

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