May be that Im missing something. Taking a look at a 5D, MTD, YTD, 1M, 3M, 6M, 1Y, 2Y, 5Y chart it looks to me like they only people in the red are those that bought late thursday or friday. Options expiration predictably can and often does create crazy volatility.....Also looks to me like most of the times we break thru a new handle we back off and then take it out and move higher. Only difference is that this time it happened much faster. Who really believes that Fridays PM action will have any long term negative impact ? If anything, at these levels and into the 16s we will be attracting more institutions who will be in for the long term and only strengthen our positions. btw, If you bought Monday at the open, How did you do for the week ? I know I would be happy with that every week and it would make me rich !!
Please take the options actions friday as a sign you're right and short more- I will make a charitable contribution to The Boys Club in the name of Doug Smiley in honor of your stupidity
if I remember correctly...you stated the same a few months ago and for a day or two you were correct. you made some $$ and you were chirping.....I dont hear any chirping from you today, its the longs turn to chirp today!!