Wed, May 22, 2013, 5:11 AM EDT - U.S. Markets open in 4 hrs 19 mins
What do you think next week will look like?
I'll answer this question next week
not oversold yet - stochastics showmore correction possible
I have a crystal ball and it will go up.
ntap is sitting at minor supoort level of 20dma + technical bottoms. http://finance.yahoo.com/q/ta?s=NTAP&t=6m&l=on&z=l&q=l&p=m20,m200,m50&a=m26-12-9,r14,ss,fs&c=Barring unforeseen forces, it should bounce from here.However, since the correction wasn't much, I wouldn't be looking for any earth shattering bounce either.
unfortunately NTAP is going lower(I have some apr calls). It lost its gas after the first week of the month and has been sliding lower on crappy volume ever since. We need the najarians/cnbc to start pounding the table on this pooch.
ughh. this will be an ugly week