Get the he** out ... I shorted last evening at 289 after-hours! Don't trust the faker anal-yeasts's sheitupgrades! GDP came too much down also this morning! Big-boys started selling in droves! Don't hold the hot-potato in your hand!
As I suspected, the AMZN sell-off had to start soon, and
it seems it started right after the immature-hour in the
morning-after the skrewy-evening-of-ER where the shorts
had to swallow the bitter-pill despite being right because
of the pumps that suckered-in lots of naive Joes off the
street... next month looks very fragile as well. All
fundamental signs were there, that this has to breakdown
now ... low 200s is its first stop now ... nothing to look
forward to here on the long-side, for a long, loooong time
to come! Completely pumped-up baloon valuation and the
approaching needle scenario! Will it revisit double-
digits in near future? Is this the most-peaceful-short out
there now, as we found out that the emperor had no
clothes, even in the festive 4th quarter?
Now this will be sold mercilessly today and in the weeks and months ahead! Nothing more to look forward to here on the long side, for a very, very looong time to come! The slower avg. Joes sell, the-easy ladder the big-boys get to descend!! Why not remove the ladder completely suddenly and let them take a jump off the cliff? LoL! :-)