Monday, August 4, 2008

Party Like It's 1999

Just let it go. When will people realize disco is dead, and so are these two 10,000 lb gorillas? These are 10 year charts and I think they both trade down to long term support and maybe lower. The market will turn, these guys just won't lead anymore Don't e-mail tomorrow that the targets weren't hit.
CSCO reports after the close tomorrow and the options are priced for about a buck move in either direction


About Me

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I am a former hedge fund manager, broker and capital markets dude who now trades for his own account. I love what I do. I will try to post some stocks and an occasional chart that looks attractive for entry.I will also try to point out the idiocy of conventional wisdom and the lack of value added by the mainstream financial media. These postings should not be viewed as recommendations.