iBankCoin
Full-time stock trader. Follow me here and on 12631
Joined Apr 1, 2010
8,861 Blog Posts

Which Size Stock Market Correction Would You Like?

Let’s ask Karl Childers which size he wants…

It has been a slow drift lower today, without much in the way of fireworks to the downside. Small caps and financials continue to lag, despite some notable outperformers like Apple and Facebook.

I am managing some short positions inside 12631, waiting for a new round of setups to emerge. Thus far, the market is not conducive to momentum breakout plays.

Be sure to stay tuned for my video market recap after the bell for a more thorough discussion.

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7 comments

  1. Sooz

    I’ve been out and about scooping up 1,000’s of $$$ worth of sh!t..no joke! Cannot Post trades buy/sell at time of trade due to power outage..hmm maybe later..working off a little apple gizmo at the moment..so much fun

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  2. Sooz

    I was so ‘Lucky’ to have a transformer blow~up at 09 hundred in my little corner of the world this a.m.. Chances are the long outage saved me from adding during this mornings session.
    sold some more of my TBT filled at $82.57(+40.59%) and most of my IGOI(+54.50%) scoop here: (tender offer expires this Thurs.Steel Excel)
    07/01/2013 YOU BOUGHT
    IGOI IGO INC COM NEW
    Price: $2.33
    —————————
    Status Filled at $3.6001
    Symbol IGOI
    Description IGO INC COM NEW
    Order Date 08/19/2013, 03:17:25 PM ET

    rolled into a nice size add
    Status Filled at $30.0699
    Symbol SRPT
    Description SAREPTA THERAPEUTICSINC COM
    Order Date 08/19/2013, 03:19:57 PM ET
    and..
    bought back shares of Status Filled at $2.2698
    Symbol CYTX
    Description CYTORI THERAPEUTICS INC COM
    Action Buy

    Had to take a spin over to BBBY..dorm life..they have a pretty great gig going on over there and I seriously dined on a ft long chili dog for lunch . quick SONC fix, by request, and a first time for me. I’m a tough customer..no Sling Blade.
    great tune here:
    So Damn Lucky
    http://youtu.be/xoQKxaHZbkk

    Have a great night all you Beautiful People

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  3. Sooz

    PSUN is still in ‘Beast Mode’
    up (+172.63%) for the yr.
    taking more profit here, Chess.

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  4. Sooz

    keeping a close eye on the ‘Big Cat’

    http://youtu.be/Awf45u6zrP0

    😉

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  5. Sooz

    PSUN now at (+176.64%) ytd

    sweet jeezus..
    heading to Bloomington tomorrow for two days of emotional and physical h#ll..
    need more than a lot of energy for this move..yeow!
    “Fly like the Wind”

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  6. Sooz

    well now..
    selling some of that scoop (mm acct)here for a unintended quickie. Nice..when that happens.
    still remain long in IRA
    too much going on around this joint to monitor these next few days.
    Status Filled at $32.0108
    Symbol SRPT
    Description SAREPTA THERAPEUTICSINC COM
    Action Sell
    rder Date 08/20/2013, 12:23:44 PM ET

    gotta scoot..as I sit here acting like I have ‘ALL’ the time in the world.

    Have a really great afternoon all you Beautiful People.

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  7. Sooz

    and more here (mm acct)
    captivating..for a swift (+9.54%) from yesterdays entry above
    Status Filled at $32.9401
    Symbol SRPT
    Description SAREPTA THERAPEUTICSINC COM
    Action Sell
    Order Date 08/20/2013, 02:24:20 PM ET

    wham bam..
    ;))

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