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Message: Re: Action Today
1
Aug 04, 2010 02:28PM
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Aug 04, 2010 02:37PM
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Aug 04, 2010 11:47PM
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Aug 05, 2010 11:02AM
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Aug 05, 2010 02:20PM

Hey, I grabbed 40k at .48, to replace what I just sold at .52 a couple days ago.

Though I might have jumped the gun - the L2 really seems to predict a flop all the way down to .46 before it moves back up. The block that was there at .48 got eaten right through today.

And I think the S&P's action this week is a big red flag that the advance is done, and a general market decline comes next - either a 50-point drop or a 200-point drop depending who you listen to. Should have a week before it goes nuts, though. CMM seems to fall 3-4 cents below its normal range in the big drops.

Who knows? I'd be happy for someone to tell me my predictions are wrong, by oh... Aug 20th?

1
Aug 06, 2010 12:03AM
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