Yesterday I mentioned $NFLX, and here’s what she looks like on the Black Box. Uh oh… But also note that there was no buy signal back in October. I love my Netflix as a movie delivery system, though. Until the next thing comes along, then I’ll do that. Usual caveat about the Black Box is that sometimes, when I most need it, it fails. I don’t own any $NFLX as I type this. But I did receive the next movie from my queue in the mail yesterday!
Besides the lack of a buy signal in late 2008, notice the non-signals in 2009 while the stock was making some pretty big swings.
How does Netflix look like on the Black Box daily?
I was curious. After yesterday’s article that I clipped I wondered how the stock looked on the Black Box. I think this set of charts shows both the allure and the caveats of the Black Box pretty well.
I don’t own Netflix stock, but I use the service and love it. I think I’ll keep spending my $10 a month on movie service and skip buying shares, though.