St. Patrick's weekend Thread

Options Expiration handled without casualties.

Next week there are a few big earnings reports including ORCL, GIS, FDX, LULU and NKE. In the meantime rest up from a nice week, and:

May you have the hindsight to know where you've been,

the foresight to know where you're going,

and the insight to know when you're going too far.

Afternoon Thread

FFIV daily chart

FFIV is making a move into the wireless network business.  (Story in today's IBD)  They bought an Israeli start up (Traffix Systems) last month and expect to be rolling out the product line next year.  Wireless data traffic is growing far faster than fixed line traffic and this should be a robust new revenue stream for FFIV.  I have no position but y'all know it is one of my long term favorites.

Friday Morning Thread

GOOG. A chart with a boatload of problems back in January. Sold off ahead of earnings - see those red bars before the nasty gap down. Then the nasty gap down on earnings. It has been trading sideways in a tight range between 600 and 620 for 6 weeks. Volatility squeeze. Close to the 50 day moving average, but in the last week it has started trading above the 50 day moving average and not below. There is still alot of overhead. I have no position. If it gets any higher though, I think you could consider it for a trade. (Baron - he of SMG fame - traded this one a tad this week as well. I was too busy staring at AAPL.)