NVDA going to $35... then high $20s before year end.
Sept@40, Dec@35.
.UVAU, .UVAX
Reports August 9.
Friday, August 3, 2007
Monday, July 30, 2007
Search for the spike...
Everywhere I go, I'm reading that we get a bounce Monday. Don't get sucked in. Well, at least for me, I won't. Until the IBD100 (best stocks) continues to lead us higher, then any gains in the market will be ephemeral.
It was staggering to see how much the IBD100 fell last week, and yes, we're due for a relief bounce. But after that, you'll need a lot of patience to go long. I don't know, stick to whatever stays green... like ICE.
My call for Monday... pretty flat. Or all the indexes will be up, but individual stocks will post small gains.
Anyway, I'm waiting for the IBD100 to get back on its feet. Oh yeah, going to cash on Friday... weeeeeeeeeeee. I'm not good enough to trade volatility, I like em moving in one direction, preferably UP.
It was staggering to see how much the IBD100 fell last week, and yes, we're due for a relief bounce. But after that, you'll need a lot of patience to go long. I don't know, stick to whatever stays green... like ICE.
My call for Monday... pretty flat. Or all the indexes will be up, but individual stocks will post small gains.
Anyway, I'm waiting for the IBD100 to get back on its feet. Oh yeah, going to cash on Friday... weeeeeeeeeeee. I'm not good enough to trade volatility, I like em moving in one direction, preferably UP.
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