Hi Ben:
I have one mans opinion again.
SYMC. From your numbers it appears you are very short term on your
trades. Short term target for this move up is 17.37. There is
resistance at 17.35. there is more upside resistance in the 17.40
area. Hit 17.40 and
retreated Today it got
to 17.50. Still no volatility. I believe that 17.59
is pushing it. It is in a long term down move and needs a lot
of work to break that move. Good luck on the up scalp here.
On CA. If you get the retracement you
are calling for here you will be buying a falling safe. To go
higher it has to hit 25 1/4 and then retrace. Right now I have 21.40
as a downside target Hit 21.40 today and found
temporary support there. Once again testing the
downside eith no place to go at this time. could get a short term
bounce but no volatility here for now either.
and 22 1/4 as the current upside
limit. If 22 1/4 is hit it will void the downside target of
17. There is support at 19.50 and 18 if the move down starts
again. Your 45 cents will take it to a short term target which
should act as support.
PSSI This one doesn't look good. Are
you buying breakouts? This one has to hit 20 1/4 plus in order to
start a new up move. I have support at 19 1/4 Found temporary support here at end of day. Next
support is a cluster at 18 3/4 to 19. Really small volatility right
now. Got to 19
today. and a downside target of
18.50. There is a short term up target at 20. It could get there in
the first hour on Monday, but right now that doesn't look
promising. Price is fighting long term downside pressure.
RFMD Longer term the upside price
objective would be 6.50. Short term it looks like a retracement
could take it to 5.70 with some support at 5.85. 5.85 held and now 6 seems to be acting as temporary support.
Still has to take out 6 3/8 if it is to move higher. You might get
your 6 1/4 but 6 1/8 is more likely. Price hit 6.25 and stopped for now. I
don't think 6.26 is in the cards right now. We are talking scalping
time frames. This ex $90 number has to hit $6.75 before you can
consider it a major threat to move higher and right now $6.50 could
be a major problem. .
I still deal in the old numbers most of the
time. A tick is still an 1/8 to me. Got my neck out
again. Had a long vacation so we shall see if the rest did me any
good.
Once again just one mans opinion. Good
luck Ben. Ira.
----- Original Message -----
Sent: Saturday, August 05, 2006
9:10 PM
Subject: [RT] Re: current
orders
new orders watch sunday
night
old some executed
symc
no fills still long 250 from
17.23
placing sell 250 at 17.59
stop loss 16.85
ca
buy 300 at 15 cents under
open
300 at 25 cents under
open
and 300 at 35 cents under
open
last 300 at 45 cents under
open
stop loss 20
we got filled on the first order
we own 300 at 21.53
tomorrow try to buy 300 at 21.30
and 300 at 21
last 300 at 20.7
stop loss 20.07
pssi
no fills on the buy
order
for additional 250
still long 250 at 19.43
stop loss 18
selling 250 at 19.99
got filled out with small $125
rfmd
got fill on the buy
additional 500 at 6
still long 250 from from
6.12
stop loss 5.75
selling 750 at 6.26
Ben
.
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