NetFlix

NetFlix is very strong today.  Entering position even though stock is up over 8 dollars already.  Blockbuster (the main competitor) filed bankruptcy.  Also, NetFlix announced that they are now offering streaming service in Canada.  These announcements, coupled with the short interest, could result in a fast move (wave 5?).  I will watch this closely and find a good exit point.  But NFLX is now on my list for a long term core holding.  The question really is about the best entry point.