Replies to post #162036 on Option Millionaires

[madrose1]

NFLX hit 195 that day & had to try the fade at that point being up so much that day but was also restesting a dubl top high of sorts and so it turned out well, then downgrade came the next day. (was it Barrons i forget)

And we all saw how it sold off before from 192 then 190, de ja vu saith the stock gods, they locked in profs once again.

Question is has the sentiment really changed, Icahn still holding , will the 200ma on 60min @ 184 act as sup & momo remain intact?

That was R before in the lower channel that was so golden,
another week ahead but friday ended with lots of profitking.

[madrose1]

When talking IBM/GOOG mentioning before those 3 tags to the overbought a week ago almost always means get ready for a pullback despite all upgrades GOOG had already put in its run, they had other things to chase up. Hope you made out well there, it got left out of everything.(despite the $1000 ugrades, lol)

Lesson last week was to trust a little more in bulls power to JAM when a clear catalyst looms, riding the wave more , IBM was one of the last ones thinking of shorting after SPY got pumping,(BA UNP etc) had feeling talking with you before it was going to go higher being Buffets baby, headine grabber, the big story stock to paint the tape with.