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Post by Herceg on Apr 23, 2014 8:53:39 GMT -5
CREE, AAL & SVU.........
JMO and BOL
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Post by Herceg on Apr 23, 2014 9:04:14 GMT -5
Short SVU 7.72
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Post by Herceg on Apr 23, 2014 9:10:49 GMT -5
Timing not so good............will hold to see what happens, may add...... JMO and BOL..........
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Post by Herceg on Apr 23, 2014 9:43:08 GMT -5
Covered 7.35............Don't know what happened but I'll take it........ BOL to all................
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Post by huh on Apr 23, 2014 9:54:08 GMT -5
Covered 7.35............Don't know what happened but I'll take it........ BOL to all................ Nice play Herc! Looks like it might want that gap fill ~6.75 if it loses 6.99 again (6.99 is the 200dma). Lower than that 6.75 and it could be a failed iH&S on the daily.
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Post by Herceg on Apr 23, 2014 10:01:16 GMT -5
Nice play Herc! Looks like it might want that gap fill ~6.75 if it loses 6.99 again. Lower than that and it could be a failed iH&S on the daily. Thanks but this one had a bit of luck to it...........I was hoping to get $.10 on it with 1k but it never dipped to 7.62 originally.......however when the free fall started I thought it would bounce right back so I had to take it, unfortunately would have worked better had I held.......I also managed a short scalp in CREE, but it was a quickie....in at 52.31 out at 52.17..............now of course at 51.80.......... This mkt. has no juice..........look at NFLX who beat nicely and even will raise charges on customers is getting punished today.....I read the other day that the S&P PE has only been higher twice before...........1929 and I believe it was 2000 something.................neither time did the mkt. end well as we all know........... As always JMO and BOL............
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Post by huh on Apr 23, 2014 10:05:54 GMT -5
I saw that same article/post. Only in 1929 and 2000 was the pe as high.
Wait until SPX makes a new high. S&P is playing out exactly like the parabolic tops in Gold, AMZN and NDX/QQQ/COMPQX did.
NFLX is one of the best shorts out there IMO. Current pattern downside target is around 215. But fundamentally I think that will only be the beginning and it will have much further to go. It was "saved" by Icahn ~$50. He already made his money.
AAPL is the best candidate me thinks for making up the loss to NDX when NFLX falls. And guess who's in that one now.
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Post by Herceg on Apr 23, 2014 11:15:02 GMT -5
Watching SANM, XOOM currently..............SANM beat but I think it is a bit overextended...............no position yet.......
JMO and BOL..............
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Post by Herceg on Apr 23, 2014 12:03:19 GMT -5
Watching SANM, XOOM currently..............SANM beat but I think it is a bit overextended...............no position yet....... JMO and BOL.............. Never touched either however it appears XOOM would be the better short after seeing its PE.........currently at 137............will continue to watch............on top of it, Walmart has gotten in the game so they usually will not enter unless they can beat their competition on pricing...... JMO and BOL to all................
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Post by huh on Apr 23, 2014 12:07:27 GMT -5
Watching SANM, XOOM currently..............SANM beat but I think it is a bit overextended...............no position yet....... JMO and BOL.............. Never touched either however it appears XOOM would be the better short after seeing its PE.........currently at 137............will continue to watch............on top of it, Walmart has gotten in the game so they usually will not enter unless they can beat their competition on pricing...... JMO and BOL to all................ XOOM would be a much better short if it loses that 50dma first. JMHO
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Post by huh on Apr 23, 2014 12:09:37 GMT -5
SANM forming a pennant since that low ~9:45a. Careful of a false break - hopefully to the upside first, then sets-up for a really nice short if returns back into the pennant.
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Post by Herceg on Apr 23, 2014 14:28:32 GMT -5
Did nothing else today........played with the kids and caught up on some rest...........
Have a good evening and BOL to all.............
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