Todays Rally 11/13/07

Dead cat bounce or time to buy...
I still believe we head to 12,500

what do u think?

 

Its only 9.50 am looks weak to me.
we need to see follow though buying into the close

 

this rally was most anticipated ...

market was very oversold ..

its a dead cat bounce ... no way around it ..

 

sell rallies !

bgp

 

Yes pretty weak action.. csco - emc no conviction volume etc

 

I'm liking the WOTM (way-out-the-money/previously ATM pre-bounce) puts:

ISRG
GOOG
BIDU
FSLR

etc
etc
etc

Then sell into strength (weakness in stock). Been doing it since last Wednesday's market shift - all the while my long stock positions got stopped out.

With each new low a 5% allocation is adding 15% to portfolio

Seems to be really working good!

Pay$

 

Personally, I'm looking at a nice big gap filler before the day's over, IMO.

 

Nobody wants to hold the bag into the close. I would be shocked to see us run up into the bell.

 

Not a single believer in today's rally amongst the posters - things that make you go hmmmm

 

I need my fix! StckTdr quote for the day, lol.pS

"At these levels it would be absurd if I DIDN'T double down!! GOOG, etc. are the greatest companies to grace the planet and will be for 100 years! After all they've already jumped 5% - I don't want to MISS the boat - BUYING OPPORTUNITY...HEED THESE WORDS I KNOW WHAT I AM SAYING"ST