basically the only things we're waiting for is the dow and SPX to get above their 200
MA's. just about every other major index in the world is. FXI is a tad short, CAC 40 isnt
there, but even japan is! thats saying something. well, i should say EWJ is, the Nikkei
isnt but is also close.

GT - TS, heard of it but dont really follow it. good industry, looks like a good breakout,
but been up for quite a few days in a row, id like to see a pull back in it before i jump
in but im gonna throw it on my radar

Last edited on: 05-16-2008 12:17 am

TS - Who follows this stock? -- "tubular, dude!"

We've got the Larry Williams play on this one, and also on a number of indexes including
$SPX, etf's like VWO, SPY. It's a bullish indicator for the following day. Take it with a
grain of salt, though.

Last edited on: 05-15-2008 11:03 pm

The Dow Transports are closing in on the all-time high: 5487.05.

Speaking of clear Elliott Wave patterns, look at the weekly chart from the 1/22/08 low. It
looks like we have not yet finished wave 3...that looks like a bull to me.

Last edited on: 05-15-2008 08:46 pm

TIF - Hadn't looked at this one in awhile.

WYNN - The Barkley windfall profit should take WYNN up to 120, estimating
conservatively.....of course.

BRK.B - It certainly has been, although right now it's close to a large base of support
at 4000.

I agree. Thanks again for the help Ryan. (You to GT :)

GT - ya know, i might actually be there. was planning to go this summer, just never plan
things out far enough to say when. and owch, charles barkley being sued by Wynn. who knew
when you lost money at a casino, you didnt get it back?

i know im about to step on hallowed ground, but is BRK/B...a short?

doc - you made money, thats always better than the alternative. plus as GT bought up, we
dont know where we're at here, and trimming and building cash here sounds smart to me.

Last edited on: 05-15-2008 05:48 pm

Well I got cold feet on the ATI options. I closed it at 80.35. Maybe I pulled it too early
but I guess ya never go broke taking a profit.

Ryan,

Well, my wife and I will be at Caesar's July 6 and 7, so if you happen to be in Las Vegas
that weekend, I'll be glad to spot you a drink and a cigar.

By the way, I don't blame you for selling 40% of WGOV. After all, can any of us say with
certainly that we aren't at the top of this bear market rally? I know I'm treading more
lightly here.