After LVS thought WYNN could prolly do 128 which was a pivot R from b4, i just remember these for thats where i shorted it last spring when it started to appear that China growth was slowing
so realistically if WYNN does gap up that same area would act as R again here , doing 127 here so far , and here it is very near where it was last spring , i may also try short if it gaps too far being overbot or very near it.
Casino market could hit MOP800 billion: Leven wowie,. lol
The president and chief operating officer of Las Vegas Sands Corp, Michael Leven, says Macau’s gaming market could grow to eventually hit gross gaming revenue of MOP800 billion (US$100 billion) per year.
In 2012, Macau’s casinos reported gross gaming revenue of MOP304.1 billion.
Las Vegas Sands is the parent of Macau-based gaming operator Sands China Ltd.
In an interview yesterday with CNBC, Mr Leven said that he is bullish on the city’s gaming industry outlook.
“It will continue to grow, because as income grows in the mainland, it’s going to continue to feed people into Macau. There’s no risk that they won’t have considerable growth.”
He also confirmed that Las Vegas Sands is looking at the possible sale of its casino in Bethlehem, Pennsylvania, in the United States.
“If we get our price, we think it may not fit in the long run for our company. It’s a smaller product. We’ll probably look to sell it. However, somebody’s got to pay the price. We’re just as happy to keep it,” Mr Leven said.
Nice grab on those GOOG calls! Sorry I don't have PM. I was too busy watching RIMM bounce up and down all day I didn't ever realize GOOG was rolling until the close! AAPL was in for a nice double with the 450p so that helped alleviate some of my losses.
We'll see what next week holds. Hopefully better than this past week oi vey.
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