I have a feeeling CSCO goes to 35 and DOW to 14000 on the same day. No one cares about feelings, I know, but thought an intuitive feeling on a stock and index breaking out should be part of my blog.
CSCO has been dull even after John Chambers, the CEO has been upbeat- but looks like ready to breakout ... hovering around 32.50... I am in at 30 so will hold on though tis been a slow ride.
DOW 14000 is guaranteed may I say so before the next Fed meeting in October. The sentiment is very bullish it appears. So be it.
Cant say enough about TSL. Was in on Monday at 51, remember the trading range would change to 50-60. Well got a chance to sell at 60 in 2 days. Thats sure fire profits. You hear it here quite often- and laugh to the bank if you play it correctly. YEARS of trading teaches you to know the numbers - its surreal.
ETFC stopped falling. ITs 12 still. AM waiting for a move on the upside after being hammered. CRAMER said it was probably good to get in at this level so I am happy.
OVTI broke out - its heading to 28 in my humble opinion. Have spake about it earlier when it was 19- it was a no-brainer. GREAT earnings and upward guidance and no resistance over 22... so it had to go much higher. Am holding on.
Was wondering what to buy with the TSL money. Lets see, I have two names. AMDOCS, ticker symbol DOX at 35 and Corning GLW at 24 look to be safe plays for the ongoing rally.
Overall any pullback will not be worrisome until earnings season begin. And I have a feeling markets will rally through this earnings quarter. UH OH, feeling again... but thats what markets move on. MY feelings and your feelings. Lets all feel good while the going is good. A BIG correction will obviously follow some time but am not seeing it on the radar yet. So keep the smile on people. Happy days are still on.
Until tomorrow... hasta la vista-ooo.
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