Disqus - Latest Comments for jmcdowell

Re: Key Reversal Bar Seen on NASDAQ QQQQ

jmcdowell — Tue, 01 Sep 2009 22:01:31 -0000

Bought a slightly-out-of-the-money 39 Sep QQQQ Put. Target 37 is June resistance also 0.618 retracement of mid-July to Late Aug rise.

Re: Gold Forming Symmetrical Triangle - Waiting for Breakout

jmcdowell — Thu, 30 Jul 2009 20:41:10 -0000

An interesting observation: The length of the lower line of the triangle from first to third low divided by the length of the upper line from first to second peak is approx 1.618 phi.

Re: Year to Date Sector Returns as July ends

jmcdowell — Thu, 30 Jul 2009 20:34:16 -0000

Several Utilities (SO, DUK, AEP) have been moving up the past several day suggesting many players are indeed seeking defense.

Re: Can Citigroup Be Saved? :: InvestorPlace Blogs

jmcdowell — Mon, 23 Mar 2009 20:07:31 -0000

I am skeptical of Citigroup given its out-of-pattern "leak" that it was profitable in Jan and Feb. The reverse stock split adds to my skepticism. But the intriguing thing is we might gain insight into the Board's confidence when the ratio is selected. Citigroup's SEC filing cites seven potential ratios: "1-for-2, 1-for-5, 1-for-10, 1-for-15, 1-for-20, 1-for 25 or 1-for-30, as selected by our board of directors." I'll interpret any choice on the low end of this range as confidence in C's prospects and any choice on the upper range as uncertainty.

Re: Stocks at a 12 year low, so much for the "hope and change" -- The Skeptical Capitalist

jmcdowell — Sat, 28 Feb 2009 19:00:01 -0000

That Friedman-Donahue clip is priceless - thanks!