Until late yesterday max pain was $380 but coming into today it was $382.5. I'm not sure if it will land within a stones throw two weeks in a row but I'll say somewhere within that range unless the market flushes into the close,
I have a hunch that Nasdaq could drop 100 points, amzn drops 15-20+ points on a single day next week. But WB would still be safe.
Did he really say that? About what time?
It's funny if he did say that because as i sit i am just waiting to see how long it takes for the FED jawboning nonsense to start. if it stays down near the lows by the close would anybody be the least surprised if one of them spouts off tonight or over the weekend. it's a friggen joke. let's let the markets get back to being free markets and not propped u/rigged up artificial ones.
They are caught in a spot though with ECB QE starting and supposed rate hikes (probably a whopping quarter point hike). One would think dollar strength will rise further until they rig that down. :-)
let me clue you in...turn off cnbc...it is extremely detrimental to ones' trading practices as those boys and girls are spewing what they want you to hear right into your angry little head. CNBC is for incompetents. BTW, 5 minutes after my comment, the markets broke down.
haha, I so enjoy the rookie giving me a thumb down and giving me their money as well.
Well, I told you to buy WB on Wednesday when it was in the middle 13s, it was then up 5.8% yesterday; I told you to rotate out from your amzn long position (if you still had one) into WB yesterday, then WB is unchanged today while amzn is down 6 bucks. hahaha!
I just clicked on your user ID and quickly read your last 10 posts. Talk about BABBLE. Do you ever say anything even remotely interesting or intelligent?
Sentiment: Strong Sell
Really genius? Art Cashin from UBS was just on CNBC saying that there is "terror" in the markets and someone better pick up the phone and call the Fed and have some of its members go out and start jaw boning the market up before the Fed quiet period begins. I have always had a lot of respect for that guy. Today's performance was really disappointing. I thought he was a market veteran....not a whining little "we have to keep the market propped up at all costs" commentator.
Made 20 points on the way up and have been waiting for a couple of weeks for the shares to show a downward trend. Will start shorting if AMZN goes below 370.