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All bad news today. Expect for a big red day
- Thread starter hajimow
- Start date
Quote from MKTrader:
This isn't a wall of worry. This is a slow train wreck that will only be made worse by QE and other "solutions." But many said the same thing in early October of 2007....
correlation != causation
sure, we'll get a sell-off with more volume than the run up, but we'll return to go higher.
Quote from hajimow:
Chubby stocks to short and make money in two days.
This is just a discussion. I am not twisting your arm to do the trades.
Short TXN, ADI, SMH
TXN should close 28 or below by tomorrow
ADI will close 31 or below
SMH will close 28 or below
I am getting more confident now that this will happen.
Quote from hajimow:
I am getting more confident now that this will happen.
Terrible predictions; in particular TXN is a very strong stock right now
and there exists a technical indicator putting a target of $31-$32 on the stock. You've been suggesting a short on this since $26.
Technology is playing catch up right now its the LEAST likely segment to correct in the market. Strong earnings from INTEL and GOOGLE will only support this strong trend.
So while you're shorting these strong stocks the US financials ( the true weakies ) are dropping quite a lot.
Quote from Rodney King:
How did that work out for you?
I have posted on his/her original short call a few weeks ago on TXN.
The recent post suggesting they are involved in put options ( must be short term the longer term ones are very expensive for technology )
means they must be bleeding money right now which might explain the repeated short calls ( smells like desperation to me ).