Tuesday, January 5, 2010
Volume Rising
I am starting to see some more volume come in, more than yesterday, despite the weaker moves. Equity put call ratio on the CBOE is very low for the 2nd straight day. Currently below 0.5. We are nearing a short term top. I will be building a short soon. Not much time left before we get a meaningful dip.
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10 comments:
What about jobs report on friday. I thought the expectation was for a net gain.
I think I want to short over 1140
Short suspect NEP caveat venditor ya'llz
I believe the jobs report will be a sell the news event. Expectations are fairly positive for it.
So that leaves us another 2 days including today for the mkt to do it's high expectation thing if they start selling on Thursday on fear of a bad number.
rimm=nok
explain rimm=nok for me please
Well i have seen this post a lot this morning. I am perplexed as you are but i am pretty bearish on RIMM with all of these smart phones coming out
He's saying that RIMM is going to be taken over by Nokia.
Which on the surface would seem to make sense, and I can't comment beyond that because I don't know shit about the cell phone market beyond the obvious.
Is that what you're implying dawg?
i would seriously doubt nokia pruchasing rimm
Like I said on the surface it seems to make sense because NOK doesn't really have a widely used smartphone, RIMM might need more engineers and design to better take on AAPL, and NOK is a much bigger company. But what do I know
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