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Strategies & Market Trends : Option Strategies
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To: Bridge Player who wrote (924)12/26/2013 5:43:47 PM
From: skinowski  Read Replies (1) of 2591
 
TWTR is losing money... a 40 billion dollar company. FB cap is close to 142 billion, with a PE of almost 150. Feels like 1999.... déjà vu all over again.

BTW, $VIX bounced later in the day (without the market declining) - but earlier in the day it printed the lowest level since last March, and prior to that - 2007. Playing with potential support.... but if it aims to test the 2005 - 2007 lows, there may still be room to go.
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