In case you’re wondering, yes, my computerized version of my brain, The PPT, called yesterday’s bottom. Did I go balls to the wall long? No. Why not? Because I am dealing with issues.
I was already invested in ETR, EXC to name a few. A few days prior I had bought a large position in SOL, in the $3.50’s, so I had to buy it here lower.
Why?
Because if the reflation trade takes hold and oil moves up, solar will give you twice the returns. It’s like a derivitive version of a premium driller. There aren’t any news events that might shock it, so if the market is good here–so am I.
I did not sell my TLT or utilities, as they now serve as a hedge against my other large positions, namely SOL, ARWR and GILD.
In summary, I consider TLT and my utilities to be cash equals, low beta plays designed for a bad market. There is still time left in September and I committed myself from 9/1 to seeing this through. We’re almost there.
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The Fly is God.
DRV green
For the record, BALT is not a good stock
Who ever said it was?
balt is for the traders friend
I like that SOL play. May follow.
4,000+ Oct Puts traded in SOL today. Is this you protecting your downside?
3.00 strike
I thought you sold all your SOL?…..oh that sounds weird. You crazy man.
I never sold
The teevee talking heads bend when they blow AAPL like a ten cent ho. The non stop hype is incredible. The roll out is a fuck up with the stock at an all time high.
Anyone know what happened to John Lee, aka, the chartaddict, aka chartsgonewild, aka weekly ta? He’s basically vanished.
God did I despise that mother fucker. Always reminding people that he was taking “advanced” courses in college. What a fucken douche. Hopefully he blew out his accounts and is male prostituting his ass for crack on the street.
why? is he a scam?
No idea
still here http://stocktwits.com/WeeklyTA but gone recently and website has an empty link
Better question: where’s Breakfast Taco?
new south park tonight….get ur shit together
thank you for the reminder
I am sad that I don’t keep up with South Park anymore. Rick and Morty is my new juvenile pleasure.
@The_Real_Fly my bro, what is the value of charting? $$