I sold FAZ for a +34% overnight sojourn. Presently 80% cash, not buying yet, looking for clues.
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18 years in Wall Street, left after finding out it was all horseshit. Founder/ Master and Commander: iBankCoin, finance news and commentary from the future.
Joined Nov 10, 2007
23,431 Blog Posts
edc @35
FAS anyone?
Starting to look like real panic. Need to see AAPL and MSFT really crack though before I am comfortable buying. Watch XLK–at 78 now, but need another 10% drop to hit support at the 200 DMA on the weekly.
Yup, too amny peoepl compare the stock prices to their ATH, forgetting where hey came from
30-50% move for a mega cap stock?
“A good year.”
30-50% decline for a mega cap stock?
“That can’t happen, I mean technically it can, but…”