When I see a train coming I get out of the fucking way. I had the expectation of shorting NFLX below $74 yesterday. That may still happen, but in the mean time I want nothing to do with it. These small trades I’ve been doing today are fucking useless and I intend to sit back and watch. In my eyes the market is setting itself up for a MAJOR disappointment. If I were a betting man, I would bet the FED disappoints. That said, I’ve been away for several important weeks and my market sense seems to be off. I will be watching and waiting in an effort to avoid trains(IN BOTH DIRECTIONS).

UPDATE:Short RY

UPDATE2: Since shorting RY, it is getting destroyed. I’m up over 1% on this trade. I’m considering covering part of my position, but I can sense weakness and have a hard time covering when a stock looks this weak. Decided taking profits it never a bad thing. I covered over half my position to lock in over a 1% profit. Going to let the remainder run for awhile.

UPDATE3: Covered rest of my short. Looks like market may turn around here and I would rather keep my profits.

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