Remember, EVERY DIP has been bought up aggressively over the last 2 years. We havn’t even been able to hold below the 20 day MA for more than a day (see January post). If the bounce is weak and fails to regain new high ground. Play defense. As you can see the only stocks holding up are silver miners, some oils and some coals. Tech is getting slaughtered. If this continues, look to start some “test” shorts. Of course the discourse will turn to talk of QE3 and benny b to save the day again.
- @doomdog144 Was out of the $slw covered call for a tad better than even 2 years ago
- $USO What a flush, guess I shouldn't have speculated on 100 shares on the close, wow 2 years ago
- Commented on StockTwits: No loss, long at 21.33, covered call position stks.co/q14ep 2 years ago
- $SLW Have zero confidence so sold the dec 22 @ .77, if she gets called, no biggie, I'll take the 1.45 2 years ago
- $GORO Got smoked on Friday, only had 300 shares but wow 2 years ago