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This is the stock that I am also short and have been introducing as a good short. Chart is attached. It is room to go down another $10. Compare its P/E with its peers. Oil hit my $51 target. High possibility of hitting $49 by this Monday !! Gold will go up definitely but not more than 4% in...

Check out MCD price action this week. It has been resisting to go down but I believe as we get close to this Friday, it will snap. Might be a good short point at this level since it has more room to follow the market.

Today's market action in a nutshell

When I saw the question, I came to give the same answer and then saw you were first. That is not a joke. Italy who is also bankrupt, has 33B of Greece bonds. Spain has Italy bonds. China has US bonds. US has Japan bonds,.... It is a circle.

DOW can drop 400 points by close.

I say sell off will accelerate by close.

China is down again. My gut feeling says US market will close in red tomorrow (Tuesday). Right now Futures are up about 0.25%. AMD warned AH which will affect semi stocks. INTC and even MSFT should be down tomorrow. AAPL should be down too because of Samsung. I assume that no deal will happen on...

I say tomorrow market might still go down. Greek situation is ugly and complicated.

If I were you I would take profit or put a stop somewhere so that I will have dry powder for tomorrow. The best feeling is a smile after a profit and sigh that oh I sold too early.

Don't chase the market. You will regret in the long term. You will be happy a few times that you did but not overall.

You are right. If oil drops a lot, gas prices might reluctantly drop a few cents but when crude oil goes up, gas prices go much higher. I believe it is not a free market. It is a "controlled" market.

That might be a good short term strategy but you should be nimble.

By environment I meant people come and sit for hours without being bothered. I see many house closings, private tutoring are done in Starbucks. In long term that will help. The way people spend in Starbucks, I feel even in recession, people will sell their kidney to pay for their starbuck's...

ADI . Another quality but way overvalued stock in semi sector.

Send me a private message and I will give you my opinion on how to trade CL in short term even if you are long.

Starbucks drinks are expensive but I see many private coffee stores charge much higher. Actually I am in Starbucks now. It is not only about coffee, it is about the environment that they provide and I can see the cost of business. Lots of abuse by the customers on napkins, milk,...... I believe...

CL hit my $54 target in less than a week. My calculations show that there is 39% chance that CL will hit $51 by July 21st. Range is $51 to $56

Last week's PUTs expired worthless. All profit. Today I jumped the gun a little early. But in long term I guess it does not matter. Sold covered 95 PUT at 0.44.

before the election EU said , No vote means exit from EU union. Now I want EU to be the man of his words. :)

My account is all short, and I am only long TZA. :) Did you see my prediction in the other thread? oil down to $54, Gold Up, DOW down 300 points. Damage done to the market by Greece will not be healed by a resolution in financing Greece. Aliens are also shorting Chinese stocks.