I would say main street might think its 1999 but i am skeptical. Why? Because we are still losing jobs hand over fist, in 1999 companies were paying kids in and out of school NOT to go to grad school and come work. This rally is getting extended, a bubble could be in the making, if it pops the bottom will fall out faster than you can log into your TDameritrade account and hit the bid.
Yeah yeah Amazon killed the shorts, maybe it will collapse into the open but i doubt it. The Microhard number really was a wild card, the options yesterday did not price in this move. Aha this confirms the number was a true smash, no whisper # here. My play for this type of move is either bid the OTM calls under the market hoping to get hit on a pullback & price inefficiencies. As i type this Amazon is up another dollar on increasing volume. Good luck do not be greedy, if i were you i would take profits, you can not go broke taking profits.
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