Marketsurfer says short CapitalOne

baggerlord said:
What exactly are your price drivers?
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I'm guessing a combination of the stock's fundamentals (including the sector, the competition and market in general) and technical analysis.

Surf is short stocks because he believes the market is overbought/overheated and the risk is to the downside.
 
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lovethetrade said:
I'm guessing a combination of the stock's fundamentals (including the sector, the competition and market in general) and technical analysis.

Surf is short stocks because he believes the market is overbought/overheated and the risk is to the downside.
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"Those who know don't say, and those who say don't know." - Lao Tzu.

Surf know but don't say, and you say but do you really know? :)
 
Broke previous support. I would expect at least a 1-3 day bounce off current support level with an equality of down swing to prior one:
COF.png
 
sss12 said:
Closed below the 200 day MA, certainly would not want to be long here.
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Look at a couple of years worth of data with the almighty 200 SMA on it and you will see a dozen or more meaningless price crosses. Always compare price to price. Real traders buy and sell price, not an average of price so why look at one.
 
SunTrader said:
Look at a couple of years worth of data with the almighty 200 SMA on it and you will see a dozen or more meaningless price crosses. Always compare price to price. Real traders buy and sell price, not an average of price so why look at one.
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Did not say short it. Said not to be long it. Big diff. Go back and look at your data, tell me when a cross below 200 was the time to be a short term bull
 
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