Every once in a while TXN throws a fire sale – Yesterday was it. Stock is way undervalued.
HET has a long way to go to catch up to the group. As long as WYNN and LVS keep going up, they will be dragged back up with them.
MSFT – good buzz week starts now on XBox followed by lots of other announcements – might want to wait for a pullback but there might never be one (200 dma = $25.50)
No one on the planet can guess oil during option week – do not try!!!
New book title: “Bio Strangestock – How I learned to stop worrying and love Elan”
Goog – Very tempting short if it hits $404 and turns. Not a good idea if it hits $406.
SNDK still miles overbought.
Good trading,
– Phil
