Heavy volume dump today is MASSIVELY BEARISH for this NKE joke
And I will warn the small spec SUCKERS once again....if you only own a pure long position in this NKE doggie, without any kind of short protection, then watch your bank account shrink dramatically soon.
SMARTER pros very obviously have taken a net SHORT position in this NKE MEGA-bubble, via in the money PUTS and WRITING out of the money calls.
Ladies, when Old Baldie, aka Cramer, pumped this tennis shoe barf this AM, via his DISINFO rag, that is the ABSOLUTE indicator that it is going to DIVE into close of the year and through the opening of 2013.
Ladies, the retail figures reported are beyond awful....the fiscal cliff approaches and will likely result in a PANIC SELL and CRASH in most mainstream stocks, sooner than later......and there is NOTHING positive occurring in the world of USELESS fad tennis shoes, endorsed by mental zeros. LOL LOL LOL LOL LOL