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Technology Stocks : Netflix (NFLX) and the Streaming Wars
NFLX 107.01+2.5%Nov 24 3:59 PM EST

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To: Lahcim Leinad who wrote (519)9/1/2011 6:58:53 PM
From: 2MAR$  Read Replies (1) of 2280
 
what i'm saying is that these Faves like MA (and AAPL) for instance that were poised to break up and out have all hit upper R on the charts ...now showing signs of stalling . Was strange even to me that AAPL stalled so clearly at $390 too but there it was

This is where they're not going to risk more till they see more improvement and driven by any hint of help from the fed . Still too early for AAPL to go on an eanrings run, they would rather withdraw then reload for that ,rember after labor day the 1rst string traders get back on the job.

MA is a huge weather vane trader for the index, been really profitable trading this up here to the top end of the channel, both shorts & longs worked ...just don't think they had enough to break it out yet , look for $374 on AAPL i guess , but sales will have to be off this next qtr even for AAPL ?

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