...a RED SOX market!
Friday, October 26, 2007 at 07:41AM
Demi/ YourPersonalTrader in GLDN, SPWR

Funny thing was happening after the bell...our grandfathers brokers (maybe it was actually grandson, Junior) calling us looking for the old grumpy man...Why?... supposedly MSFT finally broke out!.    Last time these guys called, they were using a rotary phone and mailing share certificates .    Seriously...how cool was that!.     Even us,  the Bubble and GOOG trading generation were up and cheering for the MSFT trade!!!. Go $34...GO $35  GOOOO  $36...maybe even GO $37 today.   The volume was incredible and it takes that to move a horse the size of 'Softie.     It wasn't about getting in early to make some dollar, ( and it wasn't a dream u saw a MSFT and AMZN alerts the same day, either), it was just pure fun to watch!.....This was about cheering for everything that got us interested in trading!.     It was also cheering for a technical breakout seemingly years in the making,  it was a big cheer that maybe MSFT can be looked like a growth stock again in some circles ( not DJIMS..lol).    All we were thinking as said AH's in a roundabout way, every value investor and manager woke up to this report or will Friday morning.    Sure many are selling the dead wood, but many are getting on the horn and gloating how great they are for the family stock book... so buy more!........ Not only was this a value safe stock,  it's now a growth stock ..Geez..lol...you gotta love it.   What we tried to point out before all the analyst stuff hits is imagine a company followed by every firm on every side of every ocean beating by .6c....we are talking a billion+ revenue in a Q more than expected and the guidance was sweet as well.    Look.... all we have been saying is let this market think earnings and put the other stuff aside.    We've tried with GOOG, AAPL....wouldn't it be something if MSFT actually provided some calmness.    Right now... this market is fighting hard, bullying its way back after every slide.     It's a Red Sox market.    The comeback kids!.    It`s a warrior and why we keep buying, hitting the intraday SPWR, GLDN trades and working our watchlist hard on a daily basis.   There are outside forces working this market,  it has no right to fight the economics of it all...but it does with a helping hand.   A shrinking dollar and a crap market into XMAS makes no sense,  if you have any sense.    Mysterious powers are at work!.   Keep playing along with it.   The action Thursday was 'again' impressive, as we reversed after the 1:50- 2pm start flush.     Honestly, we can't keep harping in Journals to the daily volatility,  let's just accept 100+ /-Dow and 25+/-  point NASD days are old skool.!!!     This is intraday stuff now and we don`t think it was a good day or bad day till we see 250 +/-and 50 point days at the close.    This is the hip hop generation and its come to the market with jolts and bolts intraday.    It`s a thousand beats per minute and it could leave you spinning and empty handed if you panic or it could line your pockets very nicely.     If you are invested this morning , not scratching your head and bailing out daily, today's open should be a nice reward.   It doesn't really matter what you hold as all should benefit early on,  including the foreign stocks as the markets overseas take in the MSFT hoopla as well.   Yippie for MSFT...but we'd like to give congrats to GLDN, a long running member of the DJIM family hitting the $100 plateau during its 8-9 point move late in the day.  

 

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