 and welcome. This is Melissa Armo. The stocks was reviewing Lulu. Lulu was watching this morning and we didn't do it out of the gate and the irony is we couldn't but I kept going back to it and looking at it and then I called a late trade in this which you could have scalped and you could still be in it. We have got two more hours left to go. Anyways and then I called an option in it and I'm like is this too late and I'm like no actually it's not too late and I saw on the internet today that some people are long this stock. They are long Lulu and Lulu is a short today and I say to myself this is the exact reason why what I do is so special, so unique, so specific and I knew that Lulu was a short today so you would either be in a putt in Lulu or you would be short Lulu. You would not go long Lulu here. This could go and I'm just you know again it depends on the market in the next two days here but look at this. I mean look this if this listen if this starts to break 310 this could tank. Tank can run all the way down to 300 and then I don't know if it's going to find its footing at 300 because if it doesn't find its footing at 300 if it does break 310 if it does continue to tank if the market slower Thursday and Friday if this keeps going down this can fall rather quickly just like it did today this was an earnings this was a gap down in earnings it was a short I rated it into the pre-market it rated well enough to short today that's why I called the short in the putt but I'll tell you right now this has a long way to go down if it breaks 300 and this could find its footing somewhere but honestly who knows so you would you would you would never never be long this to make any money in the short term here and I just want to point out the gap again what do I do I look at gaps what's the gap it's a difference between the clothes in the open not every gap down is a short not every gap up is a long however this was a short this closed last night at 34980 boom open in the morning here at 330 483 nice drop off here today I mean look at that move low today was 315 25 and again this is hanging on by a thread two hours left to go it could continue to fall I don't think this is going to hold itself up today and retrain so it's never going to go green by the clothes and I'm not even sure if this is going to bounce at all this looks dead dead as a doornail so I like the logo had a quick play in it today if you're still in it it's fine if you're in the put it's fine you could have scout the drape trade scout the put you could still be in this and again that 310 area is critical and actually I'm going to say 315 because we really didn't break that today 315 310 300 these are the levels you have to watch in this and again two hours left in the day this really could this has plenty of time left in fact let's look at the market here quickly just want to see here we're going to run out of steam in this market and we're running out of steam right now yeah all right good luck with the lulo people email me on the list of the stockswish.com if you want to sign up for the next golden gap class the bullish class is in september the next bearish class is october and we'll be watching the lulu thanks everybody