01-28-2013, 04:51 AM
'dorr9352' pid='16677' datel Wrote:Hi Option, Although I can understand your reason of concern, I believe your overthinking what may happen with PPS. Best off to relax a little bit, use the KISS method, and enjoy a gradual rise in PPS through to end of month and a greater PPS increase after that point. Granted there may be a slight pullback during week of expiration to a level depending on where Max pain is, but from now until then and thereafter I fully expect a positive increase in PPS. Will most likely go up to 66 -70 for next week to week and a half, then retreat to 62 area for week of expiration and then rise to 70 - 75 by end of month. The way I see it, all is good, and while I do not expect it to go straight up (barring unexpected news) I think its extremely favorable to increase positively through to end of month. We will probably start to see greater price swings each day this month than we have recently though. Sit tight and be happy. Just my opinion, for what its worth. Best to ya.
75 is my target too by the end of February, with a pop to 100 sometime in March. Of course, I've been overly optimistic in the past and that might be why I may be overthinking the shorts strategy. I can't think of a time in the past where I have been as confident as I am today, However, it seems everytime I get too optimistic those darn shorts pull a rabbit out of the hat. Of course, this could be the time where they don't. Geeze, after 7 years with IOC, it's got to happen sooner than later. I've talked about IOC to my wife for so long, she is now getting me coffee cups and baseball hats for Christmas and Birthdays that have letters IOC on them. I've even thought about getting a personalized tag that says IOC@150