Boy oh boy, I knew that I should have shorted NFLX back when Tilson covered his short and made a big media event about it...coulda, woulda, shoulda. Netflix has basically dropped for the past 6 months and this morning it took a big plunge. Check out the 5 min chart:
What a drop. As for regular trading...this volatile market chopped me up a little today and I'm laying off the gas until SPY breaks 126 on the high or 120 on the low. As for currencies, I'm looking to go long the Eur/Usd above 1.3960. With the Euro, the price action better be very strong, as it has been incredibly choppy with all the action in Europe.
Hope everyone's doing well.
TLT
Hope everyone's doing well.
TLT
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