Regardless of the DJI and S&P being up, NFLX is down. In spite of the consoling comments from Yellen, the jubilation has tapered.
For NFLX there was break of the 50 day EMA by about 1.2 points.
This would normally mean a test of the 100 day EMA at 435 is in the near horizon.
I am old fashioned. I need to see conviction and that only comes with volume and with a volume of 1,730,924 at 4 PM, I stand unconvinced that this is truly indicative of a break in NFLX.
I believe that caution is indicated, tread carefully; and book some profits, IMHO only.
Get serious! It will never reach $5 again. Show me confirmation of breaking the upward trend, not just opinions.
Call me cautious, call me skeptic but I am not ready to blast away at this stock just yet.
I NEED more confirmation!
Agree with the break and dates; but the price lingered on the support line with substandard volume, then a normal volume day on 8/7 took the price up. The key is that the break has to made with conviction, that is, volume or it can reverse as it did in August.
If the 50 day EMA breaks with conviction, then I will fire a short, probably covered short.
I should have said the long put are at a greater premium (actual 15%+) now over the short position.
It is nearly impossible to trade this mess!
What exactly do you mean? All I have seen is a much greater premium today on the long puts and the shorts.
Did you read the article about using the 1 month average of M2 and the past effects of keeping this number nearly unchanged for 20 weeks?
Interesting, but it reminds me of my friends that fit data to a curve.
I always warned them that if you keep reducing your degrees of freedom the curve fit although it improves the results are meaningless.
i am so sorry for your attitude, may God help you!
i continue to forgive your insults because i pray for your conversion, for God desires the salvation of all men and that means you too!
May bless you with His love and mercy!
JPII was a model for us in how to endure the sufferings of this life with peace and joy. He did not potent any child rapists. He has acknowledged to be with God since through his intercession two verified miracles occurred and his life has been scrutinized in court, where the devil's advocate, people like you, had the opportunity to bring him down.
Apologies are great, and of course forgive them for I am a sinner also. The key is that I will no longer adulate the likes of him and those in sports.
I now live my life based on faith in the Son of God, who has loved me and given His life up for me. I do forgive you for your insults, since He has forgiven me!
May God have mercy on you!
Unlike Obama the "sisy" ball thrower, I did letter in both football and track. I coach the little guys in soccer and baseball.
I refuse to support any professional teams because I have lost faith and respect in the players and the system. My boyhood hero, Mickey Mantle, was a drunk.
He is but one example of the idolatry of the non deserving.
I have stopped, and now look to emulate people like John Paul II; and not these maladjusted misanthropes.
They and their computers KNOW all posted sales and positions, and on expiration they will move the market for THEIR maximum profit.
If you are with them, enjoy the ride; if not, be careful!