we think 2000 is not out of question BEFORE eps .. thats our play..
What do you think bearish or bullish ?
this is just for entertainment.. we think this chart has something to do with superbowl and we have no idea why... betting legal ?? no position .. just for you
The chaos in the chart will be resolved and we think bullish way..
It is above its EPS swish.. and temptingly close to break down again or break out.. we saw some options flow as bullish.. although at close we arent sure.. short term dated 170 calls and 160 puts sold .. we are curious..
We will sell every call tomorrow at open ..and keep the hedge ..
We love the product that others should buy.. 382 still in play with a bounce in progress..
We think this is a bull trap .. we are watching it every day.. If this is breached on the upside , more sinister things going on.. cash and gold will be very important until 2020
Here is what we tracked and played beautifully..
$VIX was testing a previous bounce.. so this could only have been a pure techincal trade.. VIX aunty makes freakish claims after the fact and hence i dont believe her. But I sort of saw this move based just on that.. didnt play
Still in bear.. we are uberlong long term but as a dividend harvestor .we dont like the current management
It has 10 Billion debt and no cash in hand.. Cash flow seems okay and P/S is okay.. other than 200 sma , what does it have?
We see this developing .. about 35 to 36 final flush and then resumption .