The percentage of FB float sold short is rising. Short sellers are sitting on a large gain right now. There was about to be a short squeeze but then the markets went south. This sets up a pretty interesting situation. This falling knife could turn back up quickly and cut the other way.
>He's never wrong. Placing my limit orders now.<
he was wrong in 1987 crash on Black Monday...also the crash of 2008 the guy has a horrible record i don't listen to anything that he says anymore...i only listen to "Jim Rogers"
Anybody who listens to these talking heads needs their heads examined. The only good thing about it is you have someone to blame when your trade goes horribly wrong. Do your own DD and make your own decisions moron! These people just prey on your gullibility.