"a low profile but GIANT contact of mine is expecting sub 1000 on the SP"
Time frame? As you know a call is only good if specifics are given. I too am expecting sub 1000 sp. but if I tell you that it will be within the next 10 years that's somewhat useless.
My broker is E.F. Hutton, and E.F. Hutton says.......
Quote from marketsurfer:
interesting. my source is not as bearish, but unlike the individuals you mention, he manages well over 3 billion; so taking both predictions together-- we may be in for some downside....
...Might have just started.
As my fake bull flag ended in a perfect bull trap.
The down pressure is supposed to be likely...
Let's see how it turns, but there is'nt any much support right here...