Back to www.cobrasmarketview.com |
cougar wrote:Good morning!
My SPX support levels: 1293 and 1285
I was happy to close out some longs into strength on Friday. No way was I going to front run that. It could have just as easily been down 7%+ today (like the last 2 months running!) as it is up 7% right now.TraderGirl wrote:Did anyone buy TVIX last friday???
I might pick some up on Friday....L_T wrote:I was happy to close out some longs into strength on Friday. No way was I going to front run that. It could have just as easily been down 7%+ today (like the last 2 months running!) as it is up 7% right now.TraderGirl wrote:Did anyone buy TVIX last friday???
I would personally want to see a close or two above a short-term MA which would serve as a minimalistic bottom pattern. I use the 9 period EMA but I have seen 5 or 7 or 10 or whatever. Looking at a daily it hasn't had 2 consecutive closes above the 9 period EMA since November.TraderGirl wrote:I might pick some up on Friday....L_T wrote:I was happy to close out some longs into strength on Friday. No way was I going to front run that. It could have just as easily been down 7%+ today (like the last 2 months running!) as it is up 7% right now.TraderGirl wrote:Did anyone buy TVIX last friday???
thanks man. very insightful. i always want to know and utilize people's specialty.cougar wrote:Just one more thing:
Paging SOKU! Answers to your questions on Friday afternoon:
1. Yes…I would like to thank you and acknowledge the fact that you were the first to mention AMLN on this blog on Thursday.
2. The game to be played from now on, is not that simple… I have 2 coinciding first targets on these 2 daily charts, by using different TA approaches. IMHO, the behavior of AMLN in that zone would be worth watching.
================
Fundamentals to be considered:
The surprise factor is not overwhelming.
How much will they sell per year? Are they ready for it?…The most optimistic calculations projected into price/share take IMLN to ~$33, in at least a year time.
Can they compete with Novo Nordisk (NVO), a company ahead of them in this game?
Is AMLN a “one trick pony“ or their combination of leptin and amylin analogs (to be used for the treatment of obesity) can be taken seriously?
And finally: are they closer to being an acquisition target? What will be the move of some “investor-activists”, like K.I., who own big positions?
================
My views are not an advise!
Good luck to whoever is interested in it!