Thread: ILoveTDs Account Talk

Originally Posted by ILoveTDs

Any one planning to buy Netflix ahead of earnings report after today's close, or have general thoughts on it?

NFLX has just completed what looks to me like an overlapping corrective rally, and now it's sitting precariously on its 50dma:
NFLX - SharpCharts Workbench - StockCharts.com

With a stratospheric P/E in the 400's, and a ridiculous PEG ratio of 36 NFLX Analyst Estimates | Netflix, Inc. Stock - Yahoo! Finance
...and people apparently buying a lot more calls than puts, which is bearish (look at the open interest for the Oct 23rd $110s here: NFLX Option Chain | Yahoo! Inc. Stock - Yahoo! Finance)
...and with investor sentiment turning fearful again the last couple of days, I don't know how the earnings could be spectacular enough to produce anything more than a brief pop. I'd be more inclined to think a drop clear down to the August low and 200dma at $85 is more likely in the near-term.

Just my 2 cents.

Thinks for your opinion Tsunami, much appreciated.

ILTDTechnical (system) moving 100% G Fund, but apears it will be back S Fund soon, so kept real account (ILoveTDs) 100% S Fund.

ILTDTechnical (system) moving 100% S Fund.

Moved both my real account (ILoveTDs) and system (ILTDTechnical) to 100% G Fund, based on ILTDTechnical system indicators.

Your Personal Investment Performance (PIP) for the past 12 months ending 12/31/2015 is -3.53%. (Your PIP is posted by the 3rd business day of each month.)

Originally Posted by ILoveTDs

Your Personal Investment Performance (PIP) for the past 12 months ending 12/31/2015 is -3.53%. (Your PIP is posted by the 3rd business day of each month.)

Worst since 2008

Should have gone F Fund, but glad I side stepped the blood bath. Good luck to all of you, especially those close to punching out.

Back in 100% S Fund COB.

20 DMA about to cross the 80 DMA.

Moved 100% G Fund. Looking for a retrace on the S Fund from 36.25 to 35.25 in the summer of an election year.

Going 100% S Fund, if todays loss holds the S fund will close below the 20 DMA. Look for a retrace to 36.50 for a future sell.