I’ve been thinking about how bullshit this rally is. If you were wondering this is only a temporary pause before bears continue to rip faces off. This is one of those moments, whereby I have to stick to my convictions. My convictions being the market is completely fucked. I tried to play some AAPL shorts and as you can tell my timing was less then perfect.

I still believe many stocks move lower, AAPL included. Yet, I’m having trouble deciding on a position and my timing is obviously off. I will have decided on a position before close today, getting ready for a Monday filled with pain for the bulls. Till that time I will continue to size up this market, staying ever vigilant.

NFLX is getting ready to continue its decline to 30 and may be one of my prime candidates for a short.

My timing will blow your mind(Much like this video).

UPDATE:Shorted AAPL(Smaller position) and GMCR. I will add to these shorts if they decide to work in my favor.

UDPATE2: I have been increasing(in small increments) the size of my short position in GMCR.

Tweet