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Strategies & Market Trends : The New Economy and its Winners

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To: Lizzie Tudor who wrote (56791)3/19/2014 5:21:03 PM
From: 2MAR$  Read Replies (1) of 57684
 
RENN put the pressure on QIHU BIDU YY VIPS right off, (Tilson is shorting VIPS & YY) what has been sweet this week is the lower channels...3x's QIHU has faded from 115s for instance, which has been the case for GMCR from 116.7 area 3x's too.

Good for 2-3 pts ea day which doesnt include the bounces, adds up nicely.

SCTY takes some finesse but a pattern to it, sold off to 73s then u get the bounce back up to double top
then you reshort there and hold, this for a down day on SCTY (which fully topd at 88 earlier). There was a nice $1.75 trade off the swoon as the SPY bounced eod too, as everything is trading with the SPY now pretty much. SCTY was priced to perfection up at 88.

My big question is TWTR going to go back down to where its fairly valued, around $40, also fully expect another warning from DDD again too, that 3D cube fad wore itself out and many are now functional doorstops.

But DDD has been holding 60/59.50 pivots tho to, after XONE miss tonight, maybe retests that tmorrow
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