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Wednesday, February 9

Being Cautious now as the correction seems possible. Careful for LVS long holders.

I am watching these stocks for potential buys.

LVS at $38
BAC at $13.5
AA at $15.3
WYNN at $100
CLF at $76
FAS at $27

LVS is still in a tight range, and shorters might want to break this.

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Shorters want LVS to head towards $38. I wouldn’t dare short LVS now, but I will buy it if it drops to $38.

As for the Netflix short, I have covered it with a stop loss for a nice $3 gain… and I will be looking to reshort Netflix again at $222.5

I think with Akamai and Csco poor forward looking data, we should expect more pressure on the general markets and I think a correction should follow suit.

Happy trading.

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