This
is the SAME system that self-made millionaire Brandon Dupsky used
to go from selling "useless" stuff
he found in his basement, to earning $8 MILLION last year
alone on eBay!Spread-19 Feb 07
FFIV
Sell Mar 80.00 call$0.85
Buy Mar 85.00 call$0.35
Return $0.50
11.11%
Technicals: The stock bottomed out in August at a 52-week low of $40.55. After that low, prices reversed direction and began a long upward trend that resulted in a January 52-week high of $80.85. The stock didn’t participate in Wednesday’s strong rally after Ben Bernanke announced that inflation was in check. It makes us wonder if a possible Head and Shoulders Top pattern may be forming on the price chart. We won’t know for sure until the pattern is complete. The stock trades in the technology/computer networks industry which has been trending sideways for the last few months. The MACD’s are flat on the sell side and the Stochastics are also pointing towards selling pressure.
posted by Options Trader @ 3:01 AM
0 comments
0 Comments:
Post a Comment
<< Home