PRE MARKET 2/1

The counter-trend rally continues.

2 days in a row a jam at the close.

Bombed out high beta growth/software and all that strong day yesterday as they have been verrrry stretched to the downside for a while.

Sentiment extremely bearish late last week. Another up day and they may be already bullish.

Reed Hastings bought $20 million Netflix stock. Small amount compared to wealth but still a decent amount. This on top of Ackman taking a position. Talk about being a bombed out stock.

As stated last week, A good low in. Notice did not say THE low. Need more cards out of deck

Wild, wicked and that is being nice. Waterfall down. Climb up the rope.