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.

AMZN

have 1/2 position of AMZN short but earnings are up so I will keep with a wide stop. maybe $7.50 stop.
If stopped out no problem as it was 1/2 position

HAHAH- CNBC

Just turned onto CNBC and as usual analyzing after the fact. They were talking about they pullback in Gold the last few trading days so we obviously in a sell off. Oh ok I said on this blog weeks ago we would pullback, calling stuff after it happens don't make money. CNBC if you do listen to it is just white noise, don't follow these folks just not logical.
Do your own reading is much better than there analysis. Watch what is going to happen and I am calling it years in advance. This market will make lows in 2012/3 time frame and I guarantee they will be saying buy buy buy right before we dive big.
2013 lows is the real buy able low.

Turn around Tuesday

Hmmm, the early trading action has us in effect.

Oil

Oil getting a dive early this morning. See what a little patience give you, presents :)
I expect the equities to rest and possibly reverse today as a turn around tuesday play.