Friday, July 06, 2007

Friday first hour

Carl Futia now sees the Qs at 50. He doesn't say when and it sure looks like a long ways off, but hey, I was hard pressed to believe 48.70. Bought some August calls on the 5 minute hairy bottom at 7:00 (PST) and am looking to flip them at R1 48.85 today. The NYAD and TICK slope are all heading up and the TRIT is at .72 in a downslope. Volume is tepid, wich means we will probably get a big range day.

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