Kisa has the best posting to read here for people interested in MA this month. Kisa's points here make sense for anyone to follow. Although I am 100% invested short this stock, it would be wise for anyone to follow his/her guidance. If there is one outlook to take going forward into what I think is a huge week and end of a month for the markets and MA it is what Kisa just outlined.
thanks for the concern..i am an ALL IN kind of person..I think we are going to have a few rough days this week..we are going to see a cut and good earnings..maybe i am too optimistic but scared money doesnt make money...lots of luck to you and your trading theories (;
The best way to play MA this month is by buying something small here and there until the end of the month.
If Fed disappoints and/or earnings are bad, just sell fast and then turn around and short it. It will free fall for a few days. That way you can make back your money and then some.
If Fed cuts 50 basis points AND earnings are good, MA is going to fly! You will make money on your small long position.
You can turn on a dime, fund managers cannot. It takes days for the big boys days to dump or buy all their shares. That's why stock charts are shaped liked hills and mountains instead of icicles.
worst investment theory i have heard yet. You had bought it low, saw it high and are going to wait to see if you cant get back your 35 or 40 points? dude, please, and i'm seriously looking out for you. if you bought 160 or below, sell. if you bought anywhere around where it is, its your call maybe wait for earnings. but please dont be greedy and wait for it go get back to 220. could take 2 years. thanks