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Blog Archive

Friday, November 18, 2005

Entered ADSK

How to view the entire chart:


1. Try clicking on the name of the most recent article in the column on the right. This will remove the "Archives" list.
2. Try right click on the chart itself and open it on a separate window.


I am sorry that I cannot always make the chart small enough to fit neatly on the left column. I want you to be able to see the details I want to point out.


I Hope this helps,


Juan

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8 comments:

Anonymous said...

Juan,

What is the catalyst for this one?

I am just wondering whether the move is already in the current fall? Now there will be a retracement.

Juan Sarmiento said...

The observations made in this report (see below) match my expectations based on Elliott wave analysis.

http://biz.yahoo.com/ap/051118/autodesk_stock.html?.v=2

The stock of Autodesk Inc. fell Friday after the maker of design software gave a cautious forecast for the next fiscal year, creating concerns that its recent period of robust growth is winding down.


Based on these values, the company expects $1.662 billion to $1.703 billion in revenue for 2007, compared with the analyst forecast of $1.73 billion.

The projection also calls for earnings of $1.41 to $1.45 a share, excluding stock-based compensation. Analysts had been looking for $1.45.


The stock has fallen about $1.5 more since I entered my trade. I could sell more front month puts if I was concerned. You may wait for the retracing if you'd like.

Anonymous said...

Juan,

You bought your position for $5.50 and could sell now for $6.00 per contract, so you are in a good position. Now possibly $5.80 to sell, for me to enter it would be $6.10 or $6.00.

This could pull back. Just a hunch that is all. **Smiles**

Anonymous said...

Interesting comments, Juan Sarmiento. Check out stock option training. It's got lots of information on stock option training.

Anonymous said...

Juan,

I have just spotted that there is a potential bull run up in the DJ STOXX Energy P (Ticker: SXEP on my downloader)

It looks as if the energy stocks will rise up again. Can you see that chart? What would be your Ellioticians view?

Anonymous said...

Juan,

RIMM is down over a $1 today.

Anonymous said...

Juan,

PETM has hit the 50% retracement line using the highs around the 28th August 2005 and the recent lows. It ha been on that line for a number of days, now it is down nearly a $1 today.

Anonymous said...

Juan,

RE: "RIMM is down over a $1 today."

Then it recovered...... **Smiles**

EWI