Down day, and these manipulators just won't let it go.
How much longer can they keep doing this?
Machines are buying it. That's who is buying it.
this is the first wave down, this is the just the 1-2 wave up, it will start the down again... takes time, they are squeezing u
when they do that, I will trade PUTs more aggressively
right now, the bubble is in the process of getting bigger and bigger with the occasional pullbacks
I will trade the bubble. dont give a damn thats it overpriced to the Nth degree. bubble will burst eventually, but not today
Sentiment: Strong Buy
Dem, could you be specific on your Elliott wave analysis of NFLX? I saw your A B C analysis here last week but hope you could be a little clearer in this. Much appreciated.
I buy CALLS on those dips and sell them on the rips. Then I buy CALLs on those dips again, and not a small amount either
Sure, I buy PUTs too but once in a while, like I did earlier. $170 PUTs at $10.10 and sold them at $10.90. very risky trade and yes I got lucky to make money on that PUT trade
easier to make money trading CALLS