Damage Controlled

The bulls got their pee pees whacked severely for their brash stupidity of trying to buy on the dips (BOTD) yesterday and today.

My dear and confused bulls, BOTD does not work in this kind of market. Sentiment has changed, don’t you get it?

You BOTD during a strong uptrending market, buying the strong RS stocks when they pullback. That’s the correct meaning of BOTD….not “throw your hard earned money at bullshit stocks that are going down”. BOTD today….. means SNAFU tomorrow.

Thanks to stalwarts like [[DBA]], [[USO]], [[SKF]], [[FXP]], [[GSG]] and [[SZK]], I was actually up 2.52% overall on the day. My [[MA]] short initiated at 294.96 yesterday, was robust, knocking bulls into ditches right and left. I expect that the [[COF]] short sale that I initiated today at $39.03 (thanks to the tip from Juice), will take me to the bank, cigar in hand. Should it fail to do that, I will hold Juice personally responsible and hunt him down relentlessly with my Rambo knife. (just messin’ wit ya J.)

MA and COF are recent. I shorted Under Armour [[UA]] almost two weeks ago and it is finally performing as ordered. Patience does pay off.

My twelve remaining “focus” stocks were down -1.32% as a group. Some took some major thrashings like [[TTEK]], [[GLW]], and [[CLF]]. If they don’t bounce tomorrow, I will cut them loose. Even if they do bounce, I may still cut them loose just to mess with their minds.