Posted by hamvestor on 12th of Jul 2013 at 03:15 pm
Like I mentioned the other day, NFLX had more room to run. And
judging by the chart, I think it may still yet have a lot more room
to run, with a few hiccups along the way.
Posted by limitless on 14th of Jul 2013 at 12:28 pm
Trying to short these guys is like being a forced stowaway on a
rocketship!
Besides, The market needs at least 5 waves up to complete this
take-off from the June 24th low. So far we maybe have 3 (or the 3rd
is still extending?). So we need a small 4th corrective and 5th
higher. And these strong leaders will rise with or lead the
market.
Posted by limitless on 14th of Jul 2013 at 01:20 pm
I understand that Embedding occurs during Strong 3rd waves when
markets/individual equities can remain overbought (or oversold
during downtrends) for extended periods of time.
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amzn and nflx are ridiculous,
Posted by himsa on 12th of Jul 2013 at 03:00 pm
amzn and nflx are ridiculous, there is some higher power controlling these 2.
Like I mentioned the other
Posted by hamvestor on 12th of Jul 2013 at 03:15 pm
Like I mentioned the other day, NFLX had more room to run. And judging by the chart, I think it may still yet have a lot more room to run, with a few hiccups along the way.
yep...crazy...news and volume.
Posted by himsa on 12th of Jul 2013 at 03:30 pm
yep...crazy...news and volume.
amzn has been up 10
Posted by himsa on 12th of Jul 2013 at 10:01 pm
amzn has been up 10 days in a row..lol i think pullback is overdue.
Trying to short these guys
Posted by limitless on 14th of Jul 2013 at 12:28 pm
Trying to short these guys is like being a forced stowaway on a rocketship!
Besides, The market needs at least 5 waves up to complete this take-off from the June 24th low. So far we maybe have 3 (or the 3rd is still extending?). So we need a small 4th corrective and 5th higher. And these strong leaders will rise with or lead the market.
Still not time to play short IMHO.
Was just looking at AMZN.
Posted by wowten on 12th of Jul 2013 at 03:13 pm
Was just looking at AMZN. WOW
rsi2 over 99 for several days on amzn.
That's called embedding and representative
Posted by steve on 12th of Jul 2013 at 03:15 pm
That's called embedding and representative of a strong trend.
I understand that Embedding occurs
Posted by limitless on 14th of Jul 2013 at 01:20 pm
I understand that Embedding occurs during Strong 3rd waves when markets/individual equities can remain overbought (or oversold during downtrends) for extended periods of time.