I'm looking for 124-5 at the 89 Day Moving Average. I find these Fibbonacci numbers are nice "attractors". We could get there tomorrow. That's the next stop for the end of wave 3 of this decline.
Thanks. This looks like an excellent short.
I remember January 2000 when I was holding puts on JNPR that were up almost 300% when AG announced a suprise interest rate cut and the stock took off. It eventually tanked, but that was after the options expired.
In light of the current inflation numbers I doubt we will see any suprise interest rate cuts this year!
Finally shorted WLS yesterday. I would have shorted sooner but my broker did not have any shares to short. Nice move today!
Do you have a price target to cover? I'm looking at somewhere between 106 and 91. Any suggestions?
and the people who know this company pointed it out many years ago here and have referred to it from time to time.
you guys don't know the territory.
you look at charts and read tea leaves.
Depends on why they are declining - I believe it's headed much further down in light of what is currently taking place in the real world. Home sales are weakening at a rapid pace - apparently much more rapid than any previous downturn. Although valuations can be based on fantasy, reality eventually catches up with stock prices. That's what is happening to WLS.
And where was the SELL NOW order oh exalted poobah?
"Is there a book or religious practice that could make me as successful as you?? I've studied your post's for years...but you are very crafty about revealing your secret's. Do you have a newsletter?"