ALERT!!! JBL/FLEX short triggered yesterday late afternoon, I would know be continuing to hold JBL (or FLEX) short as the 200 day moving average for JBL is about to be taken out at 19 which was our support level. Next support is 17 on daily chart
QCOM triggering short here at the break below the rising 20 period moving average. Bear flags are breaking down all around.. CAREFUL FOLKS. Might pick up the ORCL Decmeber 10 puts for a straddle play (which really is a nice strategy for saying, "I don't know where the heck this is going, but my premonitions are not good". ORCL is not a bad company but its the "fear factor" here.