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RE: Netflix will change it's name to "no flix" within 18 months
I'm not sure about shorting any of the tech just yet. When the market finally starts its collapse, then would be the time
I'm not sure about shorting any of the tech just yet. When the market finally starts its collapse, then would be the time
You forgot to add >>> "...unless the first move down is like Oct 1987. Then I will be thinking it's too late to short." :-) You are correct tho. Not a good idear to enter any tech shorts until the major indicies take out final highs that need to get taken out. I will be spewing about that when it happens.
Although, take a look at this info;
The insiders are selling pretty good:
http://www.nasdaq.com/symbol/nflx/insider-trades
There were other signs before insider sales. The buyout of Whole Foods by AMZN...the failure of Blue Apron to hold the initial offering price, plenty of "tells."