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UPdate

 

At some point they have to chase the call buyers out and the put buyers out.

 

I dont think they chased the call buyers out enough, so at some point intra-day today, we should break below yesterdays lows on the Q's.

 

Im looking for some type of intra-day low of 26.20 to 26.25 to clear the decks.

 

Then the ramp up into MSFT IBM Spinzone begins....

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I had a bad link for Stooltrading in the first post. Use the link in the left column.

 

I also forgot to upload the Anals AM comment. It's there now. It's the same as the 9:15 posting in Stooltrading.

 

Today must be screw up day. :(

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+1200 tick, hope is alive and well. Fart: there is a housing bubble, no question, just as the nasdog was a bubble at 3,000 4,000 and finally 5,000. THe question that is not knowable is when it will pop.//// klac at the 1990 bottom ( a mild bear mkt) traded at less than 8 times earnings; today north of 50. I know that is fundamental, but that is apples to apples.

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