06 February 2007

Watch Out Below

NetFlix (NFLX:Nasdaq) with the nice gap down this morning...guerilla day traders may attack here as there is no bounce...writing on the wall folks...BBI, BitTorrent, LimeWire and stolen movie sites...how does it feel to be commoditized? Lots of public interest on this one so look out below...I'm looking for a test of the BB line at $21.80 and then if all the planets line up correctly...the last support @ $21.30...jfg.

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