Bottom-fishing bulls have had a rough go of it with the major casinos in recent months, with virtually all of them staging major breakdowns.
On this final day of the month and quarter, note the likes of Wynn Resorts staging sharp upside reversals.
A counter-trend rally could easily be in the cards in the coming weeks. But when we see the broken major support trendline (light blue) it is likely to only set up the next big short trade for these busted charts with declining 200-day moving averages.
___________________________________________________
Pocket pair vs over cards huh?
A race
If I had the queens, the flop would come AAK with a Q on the river just to annoy me further
Much better than all babies on the flop, turn pairs the board, and river is a K where you get check-raised with your opponent holding KJ the whole way with no pair no draw and weak overs.
sounds like some deep seated bitterness – also could go with four hearts on the board for maxed frustration
Haha no bitterness. That’s poker. I was describing a typical situation.
I am staying the course on my LVS short. LVS fundamentals are deteriorating with pooping of the chinese housing bubble. Most chinese millionares have all their wealth in real estate. We are just getting started.
and..
Many of them have scooped up plenty of real estate on the cheap right here in the great USofA.
Location..Location..Location..