Somehow, miraculously, with the melt-up of all melt-ups occurring in this market, my Home Depot short is working reasonably well, which I posted about the other day on my entry here. As you can see, when I put my night vision goggles on, scary things can happen.
At the same time, I am no interesting in holding these counter-trend plays through earnings. Once-sloppy and vulnerable charts like AXP GOOG exploded to the upside after earnings, even if UNP did not.
I closed out a NYT long trade, a name I have mentioned here many times, for a solid win inside 12631. I am still managing my NUGT long after pairing it down. Any counter-trend trades I take which go against me, such as a LOW short the other day, i am being extra careful with and cutting as losers after only a 2-3% loss or so.
_____________________________________________________
HAHAHAHAHA love the picture and post title
Thank you, brother. A fine slice of cinema.
On HD Honestly I ‘m surprised that it did not forced you to cover with the strength of the markets combined with a weekly chart that did not look THAT bad a the time on HD.
Good call.
Thanks, Chalan. Still managing one tick at a time, hah.
Lotsapussy on that HD trade Chess. Hat tip.
Hopefully just getting started, flicker.
lol what a creepster
Haha