| Imports |
A
smattering of new imports
Various consoles get some new blood today. All items have been added
to the NCS on-line store. |
| GBC |
Konchu Hakase 2 |
J-Wing |
$45 |
| RPG where
you catch insects and keep them as pets and allies |
| NGP |
Puyo Puyo 2 |
Sega |
$39 |
| Life is
good when a portable version of Puyo Puyo is as good as this one. Great voices, crisp
colorful Puyos and snappy puzzle action. |
| PS |
Rakugaki Show Time |
Enix |
$55 |
| Unique
fighting game where the combatants are flat, paper-thin characters similar to Parappa the
Rapper. Developed by Treasure. |
| SS |
With You |
NEC |
$65 |
| Anime
dating game starring attractive, beautifully drawn maidens |
| - |
Restock
Updates
NCS will restock Soul Calibur next Monday. New orders that are
received through this week will be guaranteed dispatch on August 09. |
| The
Guitar Freaks and Beatmanis controllers have been restocked. All orders received in weeks
past will be shipped today. |
| N64
Pokemon Stadium 2 and Zelda 64 have been restocked and pending orders for these items will
ship today. Thank you. |
|
| Everything
else |
Capital
Bears are chasing the bulls into the hills. Margin players are getting
creamed and we look for this capital to be waxed before the bull market resumes. We notice
the cycles now being played out and have been using point and figure charting to mark
pivot points and flows as follows: Generally, three weeks before options expiry, the
market tanks. The week before options expiry, we have recovery. The week of options expiry
is usually bullish but generally moves higher to the point of destruction based on OI in
puts and calls. We leave it up to our gentle readers to read the OI on the indexes and
individual stocks. NCS uses the OEX as a master gauge and will look to exit all of our
short positions today or tomorrow. Our other cue is the pits in Chicago. The futures tell
us what's coming and we act accordinly. We'll flip long with a little core before Friday's
close. Not today because there will be whipsaw. Our strategy won't be outlined in detail
but here's a little taste of our play. You'll get the gist.
Sell 10 OTM puts on AOL. Our choice would be the August 120s for
roughly $4000 premium per contract or $40,000 for this particular write. Note that our
other put selling targets are YHOO, AMZN, CMGI, LCOS and EBAY. Our target will be to
gather $180,000 in premiums. We are loathe to play EBAY since it has broken down like it's
brethren UBID and ONSL but OI dictates a rally and we can't ignore what the pain points
are telling us. Once we have the market's money, we'll buy index futures with the
proceeds. We will hedge ourselves to preserve premiums since nothing is guaranteed in this
market but the play outlined above has worked well in the past two months. We figure this
won't work next month since it'll be arbitraged away... The market never gives money away
easily for long. |
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