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Re: RE: [RT] near a bottom/SOLF



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Anytime and I appreciate you taking the time for courtesy. 

Happy Holidays to you and your family Ron

Bob

At 03:25 PM 12/27/2007, you wrote:
Bob,
 
I just want to say thank you for the heads up on SOLF and GS. 
 
Happy Holidays,
Ron
 
 
----- Original Message -----
From: BobsKC
To: realtraders@xxxxxxxxxxxxxxx
Sent: Tuesday, December 18, 2007 3:57 PM
Subject: Re: RE: [RT] near a bottom/SOLF

I won't fight the Christmas trend and particularly not when we are already down where we are now.  The steam will run out on the sub-prime mess soon as bears have already made the most of it.

SOLF presented an excellent buying opportunity today.  After their blow out quarter, the average estimate for next year has been raised to nearly $7.00 a share.  With a nominal PE of 15, that's a $100 stock in 2008.  I'm personally holding 2K for next year plus another 2K in a family account and I'm also trading it on dips. 

I've also taken a position in GS at under 200 which is a gift IMO and YHOO looks very interesting at current levels, both from a technical viewpoint and from a fundamental buy out possibility. 

Good trading

Bob

At 01:39 PM 12/18/2007, you wrote:
hello earl
I went long at  1450
bought the  1445  put for jan
will sell my long  tomorrow at  1465-1475
and
enter my shorts
Ben

----- Original Message -----
From: EAdamy
Date: Tuesday, December 18, 2007 12:39 pm
Subject: RE: [RT] near a bottom
To: realtraders@xxxxxxxxxxxxxxx

> I have enough signs that the down trend is long in tooth that
> I'm looking
> for the SnP to reverse once it closes that gap at 1429.44 which
> appears to
> be acting as a magnet. I put on an SnP short near this morning's
> highs and
> will be very quick to cover near that gap.
>
> Earl
>
> _____
>
> From: realtraders@xxxxxxxxxxxxxxx
> [ mailto:realtraders@xxxxxxxxxxxxxxx] On
> Behalf Of Jim White
> Sent: Tuesday, December 18, 2007 10:30 AM
> To: realtraders@xxxxxxxxxxxxxxx
> Subject: [RT] near a bottom
>
>
>
>
> We are nearing a bottom in all major indices - in fact the
> Russell (IWM) and
> NASDAQ (QQQQ) have reached the level to expect a reversal. The
> dow level is
> 12953 (DIA = 130) and S&P level 1426 (SPY = 143). Expect NAZ and
> Russell to
> lead.
> Jim White
> Pivot Research & Trading Co.
> PivotTrader.com
>
>
>

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