3 Thoughts
December 6, 2007 – 11:24:09 am
1.) DO breaking the fuck out
2.) Utilities as a sector looks overbought
3.) MRK’s 5yr appreciation <~1%, but provided they can close above 59.xx, they will have bridged a “Grand Canyon” sized cup-and-handle.
Odd, no?
UPDATE: Long MRK Dec 60 calls at $.80









Just goes to show you, always buy the “retest” of the lows…
Take a look at the ten year chart on a monthly basis… interesting, no?
December 6th, 2007 at 3:41:37 pmvery
December 6th, 2007 at 6:01:22 pm