Seeking Alpha
  • Ricardo Espinosa
    PPO looks like a dead cat bounce, might be a nice short, pt around $30 for April, NFLX to around $100, CAT to around $115 & RIO to around 60
    4/2/12
    Reply (15)
    • Ricardo Espinosa: All of this coming from reading my graphs, also, good to be short & long at the same time, GOOG & AAPL showing some weakness, won´t short.
      4/2/12
    • OneLongTrade: There you are Richard. Nice call on MCP, I see it's rocketing higher. RIO as well.
      4/2/12
    • OneLongTrade: I'm thinking long CAT/JOY and may dip into a NFLX short.
      4/2/12
    • OneLongTrade: Would be sweet to see that NFLX gap fill. If it filled the 30% gap down from earnings, it should fill this gap up eventually as well.
      4/2/12
    • Ricardo Espinosa: Still holding MCP, I´ll sell half later today or tomorrow, holding onto RIO until it touches 60 at least, and my modified charts give me
      4/2/12
    • Ricardo Espinosa: a much clearer reading of stocks and their trends, and NFLX would be my short with most conviction right now, along with PPO.
      4/2/12
    • OneLongTrade: May $105 NFLX puts... huge volume today, over 5x open interest.
      4/2/12
    • Ricardo Espinosa: JOY looks ready to give buy signal and climb out of its hole, won´t buy yet until around 84.40, nice speculative long tho.
      4/2/12
    • OneLongTrade: I've had Jul calls since a day or two before the recent brutal selloff, they finally turned green today. Might add to CAT instead.
      4/2/12
    • OneLongTrade: I'm definitely eyeing NFLX though, the option volume is telling something about the $105 strike.
      4/2/12
    • Ricardo Espinosa: I´m going to have a smoke and think about the long RIO/short NFLX dilemma, MCP is ready to go, itchy trigger finger.
      4/2/12
    • Josh Krause: May $85's showing almost the same level of interest as the $105's. Someone might have put on a big spread trade. Buy 105/Sell 85.
      4/2/12
    • Ricardo Espinosa: Sounds good, buy put spreads to slow down theta decay, straight out puts will kill you if things don´t go your way quick.
      4/2/12
    • OneLongTrade: Picked up some Jun $105 puts just now. Half my intended position, waiting for a confirmation lower.
      4/2/12
    • Ricardo Espinosa: I´m still deciding between NFLX and MOS, I already got some MOS puts but I want more, anyway I´ll go on a road trip tomorrow, be back Thurs.
      4/2/12