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Netflix, Inc. (NFLX) Message Board

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  • gary012003 gary012003 Aug 30, 2010 4:49 PM Flag

    no volume!!!

    NFLX is just in consolidatiton stage. After finishing its technical pull back, like MACD line touching oversold area, it will resume uptrend.NFLX's story just begins.

    As to overall market, if history can repeat, Aug.to Oct. 2005 is a guide, although right now is different: Mid-term election year, but 2005 was not.

    In 2005, The end of August up one day huge, then down huge, next day, then up for one week.

    Also, AAPL is up about over 10% in September, except 2008, as weekend's Barron's puts.As long as AAPL can hold well, market may not fall apart so badly.

    I trade based on this analysis. Maybe it is wrong.if wrong, just trim or out of position.

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