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KJP712
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Trade in my own account and owner of KJP Enterprises.Also Trade stocks for Family and friends.
  • I Saw Red Today 2 comments
    Apr 11, 2014 10:34 PM | about stocks: NFLX

    Every year some tanned face comes on Business Television and says to "Sell in May and go away ". Then the hordes sell their stocks and retire to the beach to enjoy the fruits of their labor.At least this is how the story goes or becomes a myth that everyone repeats.Someone forgot the date or the cabana needs extra care in 2014.Either way a whole lot of selling has been taking place.Will this be a repeat of 2008 or a road bump in the middle of the night? Not that it was unexpected or not possible at some point.Even Dennis Gartman looks confused at this week's action.Come to think of it no one has shouted buy more Netflix recently.What are your thoughts on the future direction of the Stock Market ? Enjoy the weekend. Kenneth J. Parish

    Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours.

    Stocks: NFLX
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  • Anyoption
    , contributor
    Comments (733) | Send Message
     
    I think the market is strong, we're just seeing a hiccup right now. Might be a good time to buy if everyone else is getting jittery.
    12 Apr 2014, 01:41 PM Reply Like
  • KJP712
    , contributor
    Comments (454) | Send Message
     
    Author’s reply » The selling may be related to tax payments due on Tuesday April 15th.You might be right.Have a great weekend.
    12 Apr 2014, 03:23 PM Reply Like
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