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Strategies & Market Trends : The New Economy and its Winners -- Ignore unavailable to you. Want to Upgrade?


To: Lizzie Tudor who wrote (56799)3/20/2014 12:32:58 PM
From: The Ox  Read Replies (1) | Respond to of 57684
 
With respect to FEYE, they've retraced about 45% of their gain off the 52 week lows. The 65 area is the 50% retrace, fwiw...

Whether or not they find support between here and the 65 area will be interesting to see.

As with a run to a top, the subsequent fall can be just as dramatic. The low 64 area was the last low in early Feb., 55 in mid-Jan and then all the way to the high 30s if it goes back to Dec's trading range.



To: Lizzie Tudor who wrote (56799)3/20/2014 1:14:40 PM
From: Si_Detective  Read Replies (1) | Respond to of 57684
 
"But the thing that REALLY turned me off social media for now, as an investor, was that $19 billion Whatapp buy."
Exactly. That's when i said to friends we have a bubble in this sector, but also advised them not to time the top; lesson from last bubble in year 2000, we all know that.
I used whatsapp, then switched to wechat since many friends in my circle flocking to wechat... it's more feature than whatsapp and more fun. It's more popular in China...