There's obviously some skepticism about this market....no one wants to do anything...therefore a few Big Boys can easily control the price with the help of the market makers. This reminds me of the lull at the end of the year. In 1 day the price just went down for no reason.
So what is setting up now. Max Pain for the month of March has come up from 590 to 600.
When is this POS stock going to collapse? This is ridiculous. The Dow and the s/p can't sit at 12000 and 1300 for eternity. If we don't correct then we are just going to bounce around these levels. I want to ride goog down to 570 and then back up again. Lets get the show on the road.
I am not too good with technicals like Brian is,..
by the way,do u guys know why AMZN trades the way like it does? it doesnt grow 70% yoy.....but it trades up as soon as it goes down after earnings..scratching my head here..