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Philip Davis
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Philstockworld.com is the fastest growing stock and option newsletter on the Web. "High Finance for Real People - Fun and Profits" is our motto and our Basic and Premium Chat Sessions offer readers a chance to speak to Phil live during the trading day as well as authors like Optrader,... More
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  • Member Comments - Phil Calls Short-Term Top 0 comments
    Jun 3, 2010 11:12 AM | about stocks: GOOG, TNA, IWM
    We're going to try something new in the Instablog.

    Every day, we are going to feature select comments from Phil's Premium Member Chat.  This will give our Seeking Alpha readers an exclusive inside look at what the Members see at PSW live every day. 

    Our first featured comment of the day was Phil's 10:04 comment to Members with a big top call:


    Phil - June 3rd, 2010 at 10:04 am |
     

    Watch that 666 line on the RUT - we don’t want to lose that or even show weakness there.  2,300 is key to take on the Nas and the Dow shouldn’t have real resistance until 10,430, whcih gives the NYSE a chance to get to 7,000 if it wants to be serious about recovering

    Go GOOG!  $500! 

    ISM a bit disappointing, now we’ll see what holds but I’m out of short-term, unhedged, upside plays here.

     



    Disclosure: Long on GOOG
    Themes: ISM Stocks: GOOG, TNA, IWM
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