COST is a safe short at 162

Drop, drop, drop and them more drop.
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In the bull of the bull market and Cramer pumping it to $200, it has dropped $9 from its high. A small market correction and it will drop $30 in a week.
Chris > Buy COST as I am a contrarian indicator. Just post your purchases.
 
COST is now trading at below pre-earning price. Market is higher since then. Market correction => selling and pressure on COST will accelerate.
Note: Do't trade based on what you hear from other people. You have to personally come to the conviction that buying or selling/shorting at certain price makes sense.
 
Hmm, 4 percent swing in a week? Is that normal for a stock? Neat! Looks like energy futures when they were more fun.

You stock guys are still crazy though. *sniffs*
 
Overnight said:
Hmm, 4 percent swing in a week? Is that normal for a stock? Neat! Looks like energy futures when they were more fun.

You stock guys are still crazy though. *sniffs*
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So which market are you in? Boring municipal bonds or exciting wild cryptos?
 
I wonder if this is the same guy who called me a n****r because he was talking about shorting AMZN at $250 and I said that the charts show otherwise.
 
Money Trust said:
I wonder if this is the same guy who called me a n****r because he was talking about shorting AMZN at $250 and I said that the charts show otherwise.
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which guy? name him. There are many posters here. You can also search and copy and paste that post. I have not been shorting AMZN at 250 but I have been shorting ISRG at 12 and covering it at 10 at about 1999 time frame and I made money out of that Now the stock is over 1000. Some people were long that stock and lost money. So time frame matters. I am sure some people shorted AMZN at 250 and made money. Many people bought BTC and made/lost money and many shorted it and made/lost money.
 
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