Wild!
Wild! Where
do we start? All that was missing last night and this morning was Marty
Feldman’s classic line in Young Frankenstein: "It could be worse, it
could be raining" right before the downpour. Between
(
WCOM |
Quote |
Chart |
News |
PowerRating)‘s
book-cooking (can Martha beat that?),
(
MU |
Quote |
Chart |
News |
PowerRating)‘s earnings warning, and a dose of "who
knew what when" during yesterday’s very intriguing midday tank and you
have enough volatility to satisfy any skilled trader for weeks. Early
oscillations have been fast and furious, with the QQV.X hitting an astonishing
morning peak of 57.55. As things settle down heading into the afternoon, our
13-minute guide dog (pun intended) remains in a prove-it-to-me mode despite the
early climb, while providing a potential cup premise should we hold north of
$25.00 long enough to cause the trend support turn to strengthen a possible
handle base.
12:15 P.M. ET
Good Trading!