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Friday, December 16, 2005

BRCM rollover, MYOG UP

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http://www.pathometrix.com/Movies/BRCM.mov

14 comments:

Anonymous said...

Huan,

I have pasted on the previous blogger too.

The movie cuts out before your 'worthy' detailed discussion gets going on MYOG. **Smiles** Perhaps it didn't get the Certificate of viewing in the UK from the 'censors'. **Smiles**

Anonymous said...

**Correction**

Apologies Juan. I have been typing all evening and my one finger typing is letting me down again.

Hortitude.

Anonymous said...

Have you had a chance to look at

www.optionsgain.com

or

www.optionwinner.com

They don't trade spreads except some strangles and straddles.

Anonymous said...

Juan,

Some old trades;
NFLX and BBY both looking bullish at the moment. Although in the case of NFLX it could be a retracement for a further fall.

DBD is looking bearish again.

Best Wishes.

Anonymous said...

Juan,

MYOG looks really good at this point of time. Looks like another DNA in the making and IV has dropped to an all time low. Went in for some cheap $40 OTM Mar/Jun calendars.

Regards
kok how

Juan Sarmiento said...

Fortitude, I will look at the video and correct as needed.

Anonymous, if you are not a spammer, please comment on your impressions of those web sites. I for one am done paying for enterprises that make money in their business and not much on their trading, I think spending all my time trading, experiencing and exchanging ideas with like-minded people is better than to spend thousands on businesses that actually do little or no trading and that show no evidence that they make any money. This is just my view, you can show me otherwise, and I urge you to do it, showing us your approach (if you have learned from them).

NFLX and BBY: I have been following them but I am not terribly exited about them, is there anything that you'd like to mention about them?

I am following MYOG. I entered a limit position early on friday, which did not fill. Now, I am awaiting the pullback, but it looks bullish indeed.

Juan Sarmiento said...

Today's pick is MRK.. After a long period of decline, the stock is ready to rally.

I have entered a CRC at 32. not filled yet. Details will come.

Anonymous said...

QCOM took a hit today.

RE: "NFLX and BBY: I have been following them but I am not terribly exited about them, is there anything that you'd like to mention about them?"

NFLX looks as if it is in a downward trend, but it could also be a retracement for going higher.

BBY a retracement to $47.5 perhaps?

Juan Sarmiento said...

I would suggest NFLX to the downside. BBY may be close to the end as it tests the 200dMA.

I will look at the RET on this two.

Ironically, I was looking at NFLX a couple of days ago because it showed up in the Optionetics Market data. The stochastics looks bullish still, so be cautious, the long-term is bearish.

Anonymous said...

Juan,

For pharma, i like PFE too. The legal victory wwill paved the way for more profits. I think it triggered yr system just as MRK had.

regards
Huat

Juan Sarmiento said...

Agreed huat

I think both MRK and PFE have seen a lot of pressure in the last few months. I has been over a year since the VIOXX news came out and there has been some litigation.

Over the week end MRK showed promising data on a cancer vaccine... Good stuff.

I like the chart on MRK too.

BTW, I was triggered out of BRCM, despite the rollover. My account is now below the starting point.

Anonymous said...

Juan,
Would MYOG qualifies as a good PCCRC candidate ? High flyer, IV/SV =0.27, IV at multi-year low.

Anonymous said...

I am not juan but if i may be allowed to speak from my understanding of his system. I think it fulfils his PCCRC criterias.

But say if you have a directional view of this stock, should you still do a PCCRC or just CRC/PRC??

Juan Sarmiento said...

Oh! for some reason my reply to hk did not work.

huat, you are always welcome to post, no need to pretend to be me, I am learning too!!!

The short answer is use the PCCRC only when the stock fits perfectly. That is not too often. MYOG IV is too high, eventhough is low by its own standards, you still run the risk of a reduction in volatility as the stock goes sideways. The stock has been moving up strongly, so a sideways motion is expected.

CRC is more appropriate, but we must wait for a good opportunity to enter that too. I am awaiting a pullback.

I am preparing a video on CEPH, I just entered a PCCRC on it. I will review the AOC PCCRC as well.

EWI