In an era of cheap money and immorality, I expect better than 5 consecutive days lower. If they want me to keep spending at a $2k per day clip, I need to see greener stock prices. As it stands now, I am not making any money. In fact, believe it or not, I am losing some.
DDD got lit up again. I waited patiently to buy into it, thinking the slightest pullback would offer a great buying opportunity. Apparently, the industry has gone to shit over the past week and now I’m stuck with outrageous losses.
My other big loss is coming out of JIVE, now down 7% from basis. The hits keep coming and the market is just getting revved up.
Everyone is telling you to “not worry” and how things will hold here and move higher next week. I dare to tell you the exact opposite.
RUN for fucking cover. On Jupiter’s Stone, we’re cooked. I say this, totally selfless, fully invested in stocks with just 10% in cash. I am determined to punish myself with egregious losses, as a lesson to adhere to the warning signs. I saw them and didn’t listen: now I will pay the price with blood.
PPC is moving up. Therefore, I am still “The Chicken Man.” My losses stand at 1.2% for the day, somewhat hedged by two of my top 3 positions being up: KMB and ESRX.