re: I think the longs who bought AF Friday at $85.00 are more nervous than the shorts who shorted at $85.00.
Nope- why be nervous when the intermediate term move has been to the upside? Check the 4 month chart, since 10/26/05.
dummy more seller then buyers = stocks going lower no? i for one shorted AH at 83+ and take comfort in this fact. from what i read in these boards the smart people are short! cya at 50 long bag holder!
This Mondays price may not be the issue. That may be nothing compared to the story (and I believe COVER STORY) that BARRONS lays out next week.
Big stories sell more subscriptions... RIMM is a big story....
I think you will see a major negative impetus develop .... but the biggest downward spiral is still a several days away.
This is going to get good.
I'm looking to setup a short position for the weeks ahead and feel it will carry for months.
Read the facts people, don't trade for the next 5 minutes when you can trade for the next major move. This one trick pony is heading for the glue factory............but it may not be a horse-race getting there...... just a trend. Ride slow, you'll still get there. Its down from here.
re: from what i read in these boards the smart people are short!
Oh yea, they have all been short since 10/26/05. Now look at the 4 month chart. You can short too at Monday open, and get your head chopped off
If I were takign a short positionon RIMM, I woudl hope for a large of an artificial pop as I could get on Monday AM.
Thenagain, I am long with CALLs bought on Friday.
Talk about being born under the wrong sign :)
Listen, we are having fun with you here. Find me at least ONE post where "...Panic is written all over everyone of their posts,," except that poor schmuck who bet his farm and sold couple hundred shares short before market closed. I am waiting, MORON