Same here bro, this could be the nail that kills it. I might pick up some August $65 Puts tomorrow...they could be a great buy. I think we might see a liquidation of that piece of shit soon. I sold out of my last batch of Puts at a loss because I couldn't handle waiting for Legg and company to stop holding that piece of shit but I think the eve of it's crumbling is upon us....of course I could be wrong but luckily I've made some great gains lately in other places and am willing to continue battling AMZN.
Google miss stuns wallstreet hahahaha. http://www.thestreet.com/_yahoo/new...ml?cm_ven=YAHOO&cm_cat=FREE&cm_ite=NA
SiSePuede! everytime we get a 1% selloff all these names that sell off 2-3 bucks jump right back up and move higher, we might see AMZN drop to 70 tomorrow but for some reason by next week it will be trading back above 75, thats how this bull market is. Its getting to the point where you think AMZN could sell off any day now, but it doesnt, this earnings coming up is either going to drive it too 100+ or back to 50. Aside from that this market is looking tired, today the financials were just underperforming the entire market.
WOW 510, like I said watch 500. A drop below 500 and I think even more selling pressure will mount on GOOG.
You are correct, I got caught up in my silly dream. I'll short AMZN again if it goes below $68 with waterfall speed...otherwise it might just be compressing to spring back up. Thanks for saving me from taking that stupid plunge again...there will be plenty of money to be made when it breaks one way or another again. Cheers bro.
no problem there sispuede Aside from that look at the futures Contract Last Change CME E-mini S&P 500® 1557.75 -200 CME E-mini NASDAQ-100® 2061.25 -425 Im sure they will drop a bit more, what is confusing is that if GOOG was nearing 600 now and was up 35 points AH the futures now would be soaring, Nasdaq would be near 2080+ and S&P near 1570.