June 8, 2011

A VERY SHORT TERM NEW IDEA ON MCDONALD’S CORP (MCD)

McDonald’s Corp (MCD)  reported below expectation same store sales.  McDonald’s opened lower.   Now  McDonald’s is undergoing a massive short squeeze.   We will start scaling in shorts on the exhaustion of current upspike.   Please use your technical indicators to determine the exhaustion.  

Suggested entry zone is $81.20 to $82.50.  

Stop zone $82.61 to $83.26.   Obviously the higher the entry the better.  

Target zone is $78. to $79.26.  

Those not experienced in determining exhaustion of an upspike may consider attending one of our coaching seminars on the subject.   There is a waiting list.   To add you name to the waiting list, simply drop us an email.  … Please click here or the title below to read more.

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CIENA (CIEN) MAY SOON REACH A BUY ZONE

Ciena (CIEN) reported terrible earnings. Further analysis of the earnings report shows that the optical market is deteriorating.   Ciena is down over $3.00 in the premarket.    

At The Arora  Report, we were expecting this down draft in Ciena as is evidenced by our past writings.   Our analysis shows that the optical business may soon reach a trough.  

When all six screens of the ZYX  Change Method are meet, we will be looking to buy Ciena. Any actionable signal will be provided  on the Real Time Feed of the ZYX Buy Change Alert.… Please click here or the title below to read more.

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