Tuesday, July 13, 2010

Shorting the Excitement

There is a lot of excitement over Alcoa earnings and the anticipation of blockbuster Intel earnings.  Fast Money analysts all were bullish on Intel ahead of their earnings announcement.  I believe it will be a sell the news reaction tomorrow.  I am shorting here and will hold till we get lower prices. 

3 comments:

Petsamo said...

I can go for a sell the news event.

Tsachy Mishal said...

If Intel beats and solidly raises I dont think there will be a selloff.
I think there needs to be a disappointment. Like if they only raise to where analysts are.

Tsachy Mishal said...

That said, I think there is a chance of some sort of disappointment.