Lisa, please chill out with the "VC rumor,etc." stuff. You're getting yourself spooked both ways: you saw what you think is a near-term top, heard a rumor about VC selling and then can't confirm it so you're looking for the other shoe to drop AND you saw what you think is a near-term top and wish you could confirm VC selling so you can use it as some horrible portent of bad news to come. Look at it this way for a minute: none of us are inside, so we can't confirm or deny rumors in a respectable fashion, only trade the trade. If this were a merger rumor that leaked from the deal table, the leaker wouldn't confirm it with an online community, right? Sorry for my annoyed tone, but you've posted about 10 times on this topic and you're not gonna get satisfaction... or maybe the gong banging is your satisfaction?
Does anyone other than Sue do technical trading here? IMHO, this set of moves by this group is almost entirely technical. Long, long period of upwardly biased basing followed by orgy short covering and institutional buying and "new paradigm" news understandings. We're launching a new sector. I'm enjoying it so far. What do the technician's think about this expansion breakout move followed by a pullback day followed by (prediction time) further squeeze action into next week's earnings catalyst?
Cheers,
Rob |
