Good call on AMGN, Seanote! 43.10 AH and still falling. Hope you didn't cover when it spiked to 45.20.
3 of these positions were opened almost 2 months ago that I'm still open. Short 5K AOL @ 10.45 Short 5K TYC @ 11.50 Long 5K NVDA @ 12.40 (I'm going long puts this week to hedge) Short 5K AMGN @ 44.59 * This market is appearing more eerie as each day ends. Technical analysis, market sentiment, the CSCO's of each sector, rumors circulation that some big mutual fund managers are about to throw in the towel, are all huge indicators that this "Panic Sell-off" or Wash-Out should occur anywhere from the next 1-4 weeks. I don't trade on feeling or guesstimation (if that's a word) but I have this overwhelming sense that the market is about to go down in hard way. If you've traded for the past 5 years you have seen very, very mild "panic" sell-offs. Most of which historically come no where close to qualifying as a true panic sell. This day that I've talked about over the past year or so is coming soon IMO and it's going to be UGLY. CSCO might see the 6's, I mentioned the QQQ's trading at $13 awhile back, but that more than likely won't happen until the true 2nd leg of this bear mkt takes place. I think we'll see the QQQs hit $15 when and if this panic day happens. Again, these are only my opinions but I feel very strongly about my prediction and will trade based on that. Good luck.