JaiH's Blog : PALM hits new 52 week low in premarket

Price objective = 0. or should it be :-O or just :-(

Actually, PALM "should" eventually trade thru the nonconfirmed high at the 52 week high. Since AAPL has a date with sub $20 dollahs at sometime in the future "perhaps" they will cross paths? :o The funnymental reason behind this is that fokes will either begin to realize how they were scammed by AAPL and stop buying the product or they will not be able to afford AAPL's grossly overpriced products cuz thur home loses the estree 30% in value it is gar-own-teed to lose whenst 70% o'the banks in America go defunckt and the RTC is re-establised to sell bank REO's at .30 centavos on the dollah. Either way....AAPL loses its edge which allows competitors to rise above the negative psyche of inbesters. Cuz as we all "know" by now...inbester sentiment is the ONLY thing that matters concerning stock price *-) From a technical POV....yestermaday PALM actually showed the foist positive sign in several trading sessions...the high at 5.75 gets taken out. Sooooo, here's how it happens >>>PALM will trade to an opening low.....rally off of that low by at least 2%....it twill then go down and takeout that low and confirm it. That'll be yer buy point. AAPL on the other hand left a "questionable" high at the 52 week high. Too tuff to call whether it needs to git taken out or not. But since we doan wanna miss the gravey train to the down side you can simply buy putskis on ANY move abve 227. AAPL trades to $100 this year...and hits $20 dollahs on the news of head sheister Steve Job's ultimate demise. Jot that down so ya doesn't fergitit. *-) 3J

Based on the way PALM opend with a low o'4.55 (so fer) my call is still valid...but it twood hasta rally to at least 4.80 in order to alleviate the current oversold condition....now at 4.63. Udderwise I'm wreckin a trendlow will form which will give me n my protege Bullski and eggZackt pickture of wherst long term bottom comes in. Ifn that happens you kin always send beer and I'll be happy to give yuns sheeple the info-may-shun. In the meantime...enjoy the little "mini-panic" ...."hopefully" most of yuns fokes did as I'm sure "that other game participant" did this moanin and paniced out of new long positions. This selling is basically baby sheeeyit compared to what you are gonna see. I'll see ifn I kin git one Mighty Mo rally to the highs so that "that other game participant" can spew like an erupting volcano one last time...giving the lemmings yet anudder chance to maximize losses. GOOG day...ifn you doan trade like an idiot that is :-) 3J