Thursday, January 27, 2011

WRONG CNBC

Again the idiots on CNBC all wrong or maybe they had the right trade but wanted all the viewers to take the opposite trade so they would rack up.
On their stupid show they said people buying AMZN $200 calls like crazy, so the stock will trade higher, REALLY. They missed, I know they would but I wont let out my secrets :)

AMZN

DEATH DEATH-

AMZN

with the option pricing so high to hedge, I am leaving the stop tight on this one @ 185.

This must be a Joke

So we hit 1300 and CNBC idiots having a party. Oh ok so the first time we hit 1300 was in 1999, yes 12 years ago so technically we have gone no where in 12 yrs! wow yep lets take out the hats. Man oh Man when will this madness stop.

Ok watch this 1305 area. Ideal situation would be us to trade around this area and hit it monday for a better short into turn around tuesday. That would be the best set up

NFLX

Is NFLX stock a fad, man that think is just too parabolic, just look on that two year chart WOW.
1305 Target on the Spoos (S&P) is almost here. I see people calling for 1310 but 1305 is where I would be lining up some positions.

We will see soon enough.