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Dr. Fly
Indeud

TOOK A RIDE IN THE $FAZ MOBILE

Dr. Fly Thu Mar 12, 2020 10:06am EST 4 Comments

I sold FAZ for a +34% overnight sojourn. Presently 80% cash, not buying yet, looking for clues.

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4 comments

  1. tjnyt
    tjnyt
    March 12, 2020 at 10:15 am

    edc @35

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  2. tjnyt
    tjnyt
    March 12, 2020 at 10:29 am

    FAS anyone?

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  3. jbandy
    jbandy
    March 12, 2020 at 10:34 am

    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.

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    • numbersgame
      numbersgame
      March 12, 2020 at 10:57 am

      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…”

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