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Netflix, Inc. (NFLX) Message Board

  • matt2012@y7mail.com matt2012 Mar 27, 2013 12:24 AM Flag

    Screaming sell...only analysis

    Will you sell while up after todays run or wait for 180. Or 170...or 150s
    Its going down fast

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    • What will be interesting to watch is what happens if it spikes below 180 on any kind of volume if market is now finally starting to roll over. Lots of new longs are looking at the last few weeks and seeing a floor just under 180 and a market that can only go up. They have convinced themselves that floor is solid. They could be in for a rude awakening. Euro fires seem to be rekindling, ignited by a falling euro, and new fears of bank runs. If it breaks support around 1.25, that could be the spark. This could end badly for a lot of greater fool longs.

 
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