AAPL 6 months weekly bar.
How would you enter it? Given the current situation, a possible bear market rally and resistance level...which side would you go for?
fundamental or technical?
by the way, its been 5 day rally already.
The Tiger
- Options Investing
- KL, Malaysia
- I am a tiger in the game of stock trading. I relentlessly looking for candidates to trade. When it is an inflection point. You would see i am actively participate in the game.
Thursday, March 19, 2009
Swing trader, would you go for this?
AAPL 6 months weekly bar.
How would you enter it? Given the current situation, a possible bear market rally and resistance level...which side would you go for?
fundamental or technical?
by the way, its been 5 day rally already.
During the financial crisis, smart wealthy man are earnings
When the financial crisis hit, most people focus on bad news, and thus their net worth follow the market free fall. Yet, that is a group of smart people below here are seizing this opportunity to boost their net worth.
Which group are we belong to?
It is a matter of choice,right?
Which group are we belong to?
It is a matter of choice,right?
Zila profile
Zila, Inc., a diagnostic company, engages in the prevention, detection, and treatment of oral cancer and periodontal disease. It manufactures and markets ViziLite Plus with TBlue, its flagship product, for early detection of oral abnormalities that could lead to cancer. In addition, the company designs, manufactures, and markets a suite of proprietary products directly to dental professionals for periodontal disease, including the Rotadent Professional Powered Brush, the Pro-Select Platinum ultrasonic scaler, and a portfolio of oral pharmaceutical products for in-office and home-care use. Further, it had certain technology rights, and the United States and foreign patent rights related to the OraTest, an oral cancer diagnostic product. Zila, Inc. markets and sells its products in the United States and Canada through direct sales force, and internationally through third party distributors. The company was founded in 1980 and is headquartered in Phoenix, Arizona.
Zila, Inc.
16430 North Scottsdale Road
Suite 450
Scottsdale, AZ 85254
United States
Phone: 602-266-6700
Fax: 602-234-2264
Zila might file Chapter 11 after cutting costs
Zila's worsening financial situation might force the company to file for Chapter 11 bankruptcy, despite a number of cost-saving measu
res, according to financial statements filed March 17.
Despite cost-reduction strategies, the company’s revenue and cash continue to decline, according to its quarterly filing with the U.S. Securities and Exchange Commission.
Scottsdale-based Zila’s cash and cash equivalents dropped to $2.5 million as of Jan. 31, compared with $3.2 million on Oct. 31 and $4.5 million on July 31.
“In order to continue as a going concern and fund our current level of operations over the next 12 months, we will require additional funds and need to restructure our senior secured convertible notes,” the company stated in its filing.
Fed launches bold $1.2T effort to revive economy
After Fed announced this plan, it enticed buyers to enter the bidding process and push stocks markedly higher. Financial stocks were red hot and provide leadership to the broader market.
Target fed fund lending rate was as expected to be maintain within the range 0.00%-0.25%. This exceptionally low range would be expected to be extended longer.
For the next 6 months, the Fed will buy 300 billion treasuries. The 10 years notes surges after the news and finished almost 4 points higher, pushing its yield down to a two-month low 2.55%.
Target fed fund lending rate was as expected to be maintain within the range 0.00%-0.25%. This exceptionally low range would be expected to be extended longer.
For the next 6 months, the Fed will buy 300 billion treasuries. The 10 years notes surges after the news and finished almost 4 points higher, pushing its yield down to a two-month low 2.55%.
AAPL reaction @ FOMC Policy Statement
A Volatie session before and after the latest FOMC policy statement release. Volume spiked sharply after the released.
http://www.marketwatch.com/news/story/treasurys-rebound-after-previous-sessions/story.aspx?guid={119E383C-2643-419E-BD93-8A033AEE9BED}
Subscribe to:
Posts (Atom)