Ladies, the trading pattern is MASSIVELY BEARISH, with six days in a row of rottten performance, in which every burp into the green has been ERASED completely by close of day.
The slimy NKE specialist uses every PHONY uptick to SUCKER even more AMATEUR DUPES into buying another round of ultimately WORTHLESS NKE call options, while it should be more than obvious now that the SMARTER pros are WRITING them.
Fiscal cliff, whether it resolves positively or not, will DESTROY this stock......since it is now in a CONFIRMED BEAR....and the BEAR only pays attention to BAD news, it ALWAYS IGNORES all good news!!
Ladies, more than a year ago, I very CORRECTLY forecast the death of the USELESS golds and silvers, plus the equally sick rare earths, so you ignore me at peril to the health of your bank account.
Would not place the whole ranch on the line just for a mere theory or hunch, only for TECHNICAL CERTAINTY....but once you understand the VERY NEGATIVE technicals, you can go with naked out of the money short positions, and do so without one speck of fear that you will have to deliver the actual stock..
Live and learn from your intellectual superiors, ladies.....live and LEARN!!