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  • ex.goldbug ex.goldbug Dec 7, 2012 2:57 PM Flag

    Face it shorts: AMZN is the "chosen one" in this market

    "Chosen ones" is another word for bubble stock. Chipotle was the "chosen one" a few months ago. Netflix before that. More recently, Apple was the "chosen one". Being the "chosen one" always ends badly, especially with a 3000 PE stock. A torrent of capital gains selling is about to hit Amazon before year end, and it will be very fast action (down). "Amazon Falls", it will be called.

    Sentiment: Sell

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