Another moment where you can easily see a pain trade developing.
Fake a move to make a…monster move.
I’m more concerned with how important this moment is for my overall analogue and risk rotation.
More later,
OA
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and now your ‘chasers’ magically show up
you definately have the hot hand…well played
G shit.
hahaha Major Wood
My team good, we don’t really need a mascot…because we already have Major Wood.
Major Wood making a cameo. I once had a Masai walking stick engraved with “Major Wood” and had it sitting on my desk.
At this moment I find myself removing FB AMZN AAPL NFLX PCLN from watch list and replacing with ASGN CYNO LOGM NDRM PYPL
Sold LABU and TER for a profit.
doug kass ticked the bottom with his iwm short
I hate to have done this but I bought NFLX this morning when it was down. Reason I hate it is because valuation is ridiculous. But then if I look at the space they’re breaking into, look at the market caps of CMCSA, FOXA, DIS etc.
Looks good in hindsight
slow getting out of the door today. i’m trying to build out a longer position in this so hoping that $103 or $105 or whatever price it is here is not going to matter much.
I think the wrong way to look at their business right now is looking at net profits which is what I had been doing. if you look at EBITDA, it shows them as being fairly inexpensive at about 11.9x TTM EBITDA. By comparison, AAPL was growing at similar rates in 2007 and they were trading at 25x.
kidstock – those TWTR calls have to be looking pretty good about right now….
Sit UBU Sit….good dog!
Besides, because of my degenerate ways, I am in daytrading restriction and cannot sell today. Thinking I can sell for ten bagger by Friday.
Nice, perfectly timed.
Ended up taking off my TA position that I bought two days ago at around $11. Sold TNA. Sold TWTR. Added to NFLX at $104.8
Annoyed about missing SCMP. I had it at $17 but sold it for a small profit due to skittishness.
Jeff – I mentioned to you last week that I was trying to find the stocks like the CSCO / MSFT / YHOO / CMGI of 1998-1999 assuming your parallel was right. I think you’re comment about maybe AAPL, GOOGL, NFLX, AMZN being those stocks is spot on. Wish I thought about that sooner. I was thinking the stocks like SCMP AMAG etc would be the ones. Maybe they will be but seems to me that biotech will have a slower move up out of this phase. The 98/99 stocks absolutely rocketed out of the October 98 correction.
Anwyay, thanks again for your guidance.
I am afraid to write this out of fear that aglos will come and fuck my position but FIT is about to rip tits. I own weekly 40’s and monster Nov 50’s position ahead of next weeks earnings.
To eliminate the troll effect, just don’t go creating false online profiles and names to record the same opinion 10x’s over.
ROFL!! The trolls are the best indicator on here besides your insights OA. Hope they never leave us
If they ever do, that would probably be an indication as well.
this is the only alias I comment under…what are you talking about?
I meant that yesterday, we had a guy in here doing that. You might have missed it.
“Hi-Five”
Do you take off your UWTI with this type of move or target for higher?
Would you look at that? https://youtu.be/NrygYbaCOwg