Another Important post ---> read carefully and good night for now
I can not wait till the Friday report on our OVER-HEATING economy which will make every body think again before riding on top of a house of cards. I ( and most experts ) predict it would be bad news coz of Tuesdays report which suggested that inflation is taking place as we speak, thus suggesting that the feds will hike the rates, thats why they sold out yesterday, but dont expect the DOW to crash in one day .. look what happened when it went 100 points down, imagine 300 points in one day ??
Think about it : WHAT WOULD HAPPEN TO NITE if the DOW went down 200-300 points in one or 2 days ( which is only 2% of its current value, and which is very very very expected by most analysts, right ?? ) BOOOOM FIREWORKS and cries ...execpt for those who are touting it ..coz they will be the first to make money as they have already taken profits and letting their profits ride with it for now.
look back at last august and september charts ... up to 400 points in one day just becoz the Feds would not ease the rates till the market finally had to do it, but now its way over done and the feds will have to raise the rates to prevent a Japanese-like bubble ,,right ????
If the high of this stock is 170, Then I can live with that coz its only my profits are working for me now as shorts .. i am actually prepared to short it all the way to 200 coz i will surely make alot more on its way down :)
I am already betting my money on its fall as soon as Friday , or possibly tomorrow , coz a very important inflation-related report is coming up. Have you noticed that we are in an OVER_HEATING BUBBLE ECONOMY ?? the feds might even hike the rates by possibly 50 basis points, but almost surely 25 basis points. Thats why you are seeing this sector rotation in anticipation of the FEDS and the YTK problem
Be careful who you listen to ... avoid HYPSTERS who are already in at below $50 bux few weeks ago ... its sad to see so many people fooled in this play. ASK your self ...is this a high flyer or not ??
If you say yes, then ask ..what are the risk ?? you are still waiting for 20 more points from here ?? how fast can this fall to ?? $60 ?? as what has happened only last April 19th ???
finally, ask yourself ..i have been right on 95% of all my predictions from my past history and then ask yourselves ... why wouldn't I just long it and be popular here with most hypsters ???
Its because of the upcoming rate hike, sector rotation to already proven value stocks, and because it is simply way way way way way over valued for a non-monoploy or non-barrier entry stock in the upcoming market conditions.
Any elite mgmt can replicate the model very quickly ..including 10 separate ex-executives from instinet, with 10 separate companies of their own.... such as the CEO of ASTN, which i also sold short yesterday and made a ton of money too |
